Timely News Items
March 31, 2014
Childs responsibilty for indigent parent
I-9 Form Changes Effective 3/8/13
Case Law "S" Corp Not Earned Income
Home Office Deductions
Annual Credit Report
Identity Theft of Tax Refunds
Thursday April 24th, 2014
The Internal Revenue Service handed out $53 million to tax tipsters in fiscal 2013 and collected $367 million based on information provided by tipsters.
The answers underscore how much the government relies on the income tax on individuals.
An undercover U.S. sting is focusing attention on undeclared accounts in the Cayman Islands.
Recent court rulings and regulatory filings affect IRAs, certain Medicare beneficiaries and owners of variable annuities.
As the clock ticks down to April 15, here's what taxpayers can do to lower their bills, decide whether an extension makes sense and track down missing refunds.
They're levied on accumulated vacation and other forms of pay.
The IRS is far more likely to challenge affluent and wealthy taxpayers. Here's how to prepare for the questions you hope you never get.
You can delay filing, but delaying payment will cost you.
Discussions in Congress about a broad tax overhaul are heating up, including possibly limiting the mortgage-interest deduction.
April 15 may have come and gone, but that doesn't mean it's too late to prepare for next year's tax season.
Relocating after leaving the workforce may seem like a great idea, but there are some big pitfalls to avoid.
IRS Form 1040X is what you need, but there are restrictions.
It's almost always best for the family home to pass to the next generation through inheritance. Here's why.
In the mad rush to April 15, many overlook these common tax breaks.
Investment and retirement accounts require special attention to make a divorce agreement fair to both parties.
Experts say it's the fastest, most reliable way to get your federal refund.
You might do better with a Roth 401(k) or IRA.
Usually, but not always. Here are two exceptions, and a way to help decide.
Most who don't buy coverage will pay more than the $95 often cited.
High earners who can't contribute to a Roth have another way in.
In most cases, no, though there are some exceptions.
The IRS allows you to estimate what you'll owe, and pay in installments.
There are several sources for people who qualify.
Change should cut paperwork for small businesses.
The U.S. Treasury said the federal government held $17.212 trillion in public debt as of Monday afternoon, reflecting the amount subject to the government's borrowing limit.
Conservative spending keeps Sean Misciagna and Joel Braverman on track to meet their financial goals, a financial planner says.
It exists no more—except for farmers and fishermen.
The IRS's 'Free File' program could save you time and money.
Popular provision, allowing for tax-free donations from IRAs, expired at year's end.