CPA Says There Are Some New Tax Rules To Consider This Year
You will have had to pay out a lot more on medical issues if you want to start deducting them from your federal taxes.
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You will have had to pay out a lot more on medical issues if you want to start deducting them from your federal taxes.
The best part of paying your taxes is probably getting your refund check.
It's hard to think there's anything funny about taxes when you're under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
It's time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
About half of Americans say they feel underpaid. Are you one of them?
Avoid the most common tax mistakes to get a faster refund.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don't check the IRS website every five minutes — once a day is enough.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven't started preparing your taxes yet, do it: There's no reason to wait for April 15 to roll around to get that money back from Uncle Sam.
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
So you've prepared your tax return and found that you owe. What should you do if you can't pay?
If you're preparing your own taxes you should definitely do what the professionals do: use tax preparation software.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
There are lots of websites and software available, but you may not have thought of smartphone apps for doing your taxes.
For easy filing this year download all your Federal Tax Forms from our one-stop shop.
If you're missing some interest statements you can get the numbers by phone, but you will need the paper copies for your records, just in case you get audited.
Tax season is now officially underway and whether you're filing your returns online or through the mail, the Internal Revenue Service says there are things to consider when hiring someone to prepare that return for you.
The last of W-2 forms will soon be in the mail, so you can start tackling your returns. But as 3 On Your Side's Jim Donovan reports, free help for some is already available.
The new tax laws didn't take effect until January 2nd, and IRS forms had to be changed and software updated.
As part of the fiscal cliff deal, many green energy programs saw renewed focus.
Not going to make the April 17 deadline for filing your taxes? Better let the IRS know... right now. Don't say we didn't warn you.
Are you procrastinating with your taxes? Here are some tips to help you get things done sooner than later.
