What may trigger an audit from your tax filing?
College can be is very expensive, luckily Congress and the IRS have given us ways to offset education costs.
Even during challenging times, a small business with a sound strategy can obtain a loan.
When it comes to cameras, there is a wide array from which to choose. Consider these factors before making your next camera purchase.
Should you take the time to fill out the long 1040? It really depends. To find out whether you should itemize you will need to do some homework.
Review your tax situation now so you have some idea what tax bracket you will fall into this year and decide whether you want to do the long 1040 or the short 1040EZ.
This tax season holds good news for millions of self-employed people who work from home: Home office deductions, which used to require a litany of calculations and the completion of a 43-line form, have at last been simplified.
The IRS has a warning for Americans — watch out for tax scams. Every year the agency releases a “Dirty Dozen” list of the worst tax scams out there. This year, identity theft and phone scams top the list.
Changes to tax laws last year reinstated some income-based phase outs of some widely used personal exemptions and itemized deductions, leaving many taxpayers with higher tax bills.
Small businesses can innocently make tax mistakes that wind up racking up steep penalties. Consider these common mistakes before filing your taxes.