The IRS has released an early release draft of the 2018 IRS Form 1040. Here’s a look, as well as a summary of how it’s like the current form – and how it’s different.
Read MoreMonth: June 2018
Tax Advocate Calls For IRS Funding, Better Customer Service
“The IRS doesn’t have enough employees to provide basic taxpayer service.” That was the message coming from National Taxpayer Advocate (NTA) Nina E. Olson in her mid-year report to Congress. Here’s what else she said about IRS and taxpayers.
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8 World Cup Soccer Players Caught Up In Tax Scandals
On June 14, 2018, soccer’s World Cup, kicked off. With 32 teams each boasting a squad of 23 players, there are more than 700 players making an appearance. Of those, here are eight soccer players in the 2018 FIFA World Cup Russia who have been caught up in tax scandals.
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Taxes And Student Loan Repayment
There may be tax consequences for repaying – or not repaying – what you owe. When it comes to paying back student loans, here’s what you need to know.
Read MoreSupreme Court Kills Quill In Sales Tax Case
As retailers pushed back, the question of what’s fair game became more important. Today, the Supreme Court offered an answer: States have broad authority to require online retailers to collect sales taxes.
Read MoreTreasury Touts New Postcard-Size Tax Return
The Republicans promised that tax reform would yield a new, postcard-sized form 1040, and now, Treasury Secretary Steven Mnuchin says they will deliver.
Read MoreBuying A House? Don't Do It For The Tax Breaks
Thanks to recent tax law changes, tax breaks may be a less significant factor for homeowners. Here are eight home ownership-related changes in the tax law that may affect your tax bill.
Read MoreDo The Hustle: Why You May Need A Side Gig
Thinking about a side gig? You’re not alone. Here’s why it makes sense from a tax perspective.
Read MoreGet Ready To Save As State Sales Tax Holidays Begin
Here is a quick peek at states offering taxpayers a sales tax holiday in 2018.
Read MoreSocial Security Card Replacement Limits May Come As A Surprise
Taxpayers have limits that they might not know about. You are limited to three replacement Social Security cards in a year and 10 during your lifetime. Here’s more.
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