Harry Potter, Walking Dead Celebs Release ‘Robin Hood Tax’ Film
As Europe struggles with the notion of a financial transaction tax (a/k/a “Robin Hood tax”), a number of celebs have stepped up to voice their opinion… in film.
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Free Tax Help Is Available For Struggling, Frustrated Taxpayers
Only one week into the official tax season, the IRS has received 27.3 million returns – about 20% of the returns they expect to process for the entire tax season.
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New York Suspends Licenses, Drives Tax Delinquents To Pay Up
NY has a message for drivers who owe taxes: you’re running out of time.
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IRS Reports Strong Open To Tax Season
Tax filings for 2014 have outpaced filings for the same time last year, but visits to the IRS Web site are down.
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Debt Ceiling Fix Eases Fears On Tax Refund Delays
Rest easy, folks: your tax refunds are safe. Despite dire warnings that tax refund delays could happen if Congress didn’t address the debt ceiling crisis (the same worries we had last year), we don’t have anything to worry about for 2014. Well, at least not as it relates to refunds and the debt ceiling. In…
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IRS To Taxpayers: Don’t Call Us…
Okay, that’s not exactly what they said. But more or less. Citing heavy call volume and “limited resources” on the run-up to the Presidents Day holiday, the IRS has issued a plea call reminder that there are other alternatives available to help taxpayers. Specifically, they want you to click over to their web site. At…
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Appellate Court To IRS: You’ve Lost That Loving Tax Case (Again)
The Appellate Court leveled a blow at IRS attempts to regulate tax preparers this week, finding that IRS did not have the authority to do so. Dan Alban, lead attorney for the plaintiffs who brought the original case, lauded it as good news. He had said previously that “Tax preparers have the right to earn an honest living without permission from IRS.” Looks like he was right.
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The IRS, The Refund Process, & That Pesky 1121 Code
With tax season underway, the IRS is reporting that millions of taxpayers have already received refunds. Others, however, aren’t so lucky. As “Where’s My Refund?” changes from expected refund date to error codes, taxpayers are growing frustrated. The IRS has some (but not all) answers.
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Understanding Your Tax Forms: The W-2
So you have your form W-2, what now? Are you just simply going to hand it over to your preparer or enter the numbers into your tax software? Take a moment to look it over first. Here’s what you need to know.
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Yes, Olympic Wins Are Taxable (And Should Stay That Way)
As our athletes medal in Sochi, the chatter has again started about whether those medals – and the associated bonuses – should be exempt from federal income tax. Is it appropriate? Or necessary? I say no to both. And here’s why.