Are you really you? The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft. As part of those efforts, IRS is reminding
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Taxes From A To Z (2015): I Is For Insolvency
It’s my annual “Taxes from A to Z” series! Next up: I Is For Insolvency At tax time, getting a form 1099-C in the mail
Read MoreUnderstanding Your Forms: W-2, Wage & Tax Statement
By now, you probably have a stack of tax forms from employers, banks and other issuers on your desk. Sometimes, those tax forms go straight
Read MoreTaxes From A To Z (2015): H Is For Household Employees
It’s my annual “Taxes from A to Z” series! Next up: H Is For Household Employees It’s easy to think that household employees are just
Read MoreTaxes From A To Z (2015): G Is For Gross Income Test
It’s my annual “Taxes from A to Z” series! Next up: G is for Gross Income Test Personal exemptions are beneficial because they reduce your
Read MoreBogus Email Making Rounds Asking For IRS Identification Verification
With a month to go before Tax Day, about 2 of every 3 taxpayers have yet to file their federal income tax returns. That means
Read MoreIRS Owes Taxpayers More Than $1 Billion In Unclaimed Tax Refunds
Looking for some extra cash? The Internal Revenue Service has $1 billion of it waiting to be collected. An estimated one million taxpayers who did
Read MoreHeart Surgery & Hospital Stays: Deducting Medical Expenses On Your Tax Return
I’m in sunny southeastern North Carolina this week but not for the change of weather. My dad had heart surgery on Friday and I flew
Read MoreTaxes From A To Z (2015): D Is For Disability Income
It’s my annual “Taxes from A to Z” series! Next up: D is for Disability Income When you miss work due to an injury or
Read MoreTaxes From A To Z (2015): C Is For Commuting Expenses
It’s my annual “Taxes from A to Z” series! Next up: C Is For Commuting Expenses This should be a short post: you cannot deduct
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