Child Tax Credit: Why Are Some Parents Having Problems?The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
New Jersey Woman Locked In 7-Year Battle With IRS To Prove She Is, Indeed, AliveNew Jersey woman locked In 7-year battle with IRS to prove she is, indeed, alive.
3 Sentenced For Tax Fraud, Theft Of 984 IdentitiesThey were sentenced for aggravated identity theft and for a fraudulent income tax fraud scheme of more than $2 million in refunds.
What Is Earned Income Tax Credit (EITC)?Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
Report: IRS Spent Millions On Conferences At Luxury Hotels, Island ResortA government report blasting the Internal Revenue Service for its spending on seminars, speakers and training videos lists 22 Georgia conferences at high-end hotels in downtown Atlanta and on St. Simons Island off the Georgia coast.
Plenty Of Changes For Tax Filers This YearExperts recommend using some type of guidance to navigate forms and maximize your returns.
As The Tax Man Cometh, Tips For Getting ReadyThe IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.