R&B artist R. Kelly took a huge hit to his finances this week when his 20,000 square foot dream home was auctioned for less than
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Taxes From A To Z (2013): L Is For Life Insurance
L is for Life Insurance. Life insurance is one of those tricky concepts that make figuring federal income tax so frustrating for taxpayers. That’s because
Read MoreTaxes From A To Z (2013): K Is For Kidnapped Children
K is for Kidnapped Children. When an Alabama boy was taken from his school bus last month and held hostage, it made national news. It
Read MoreTaxes From A To Z (2013): J Is For Junk Fees
J is for Junk Fees. If you’ve ever bought or sold a home, you’ve probably seen a laundry list of fees on your sale or
Read MoreH&R Block CEO Offers Apology For Education Credit Fiasco
As tax season heads towards the home stretch, hundreds of thousands of taxpayer refunds have been delayed. While taxpayers expected minor glitches associated with a
Read MoreTaxes From A To Z (2013): H Is For Hardship Withdrawal
H is for Hardship Withdrawal. When resources are limited – especially in a tough economy – taxpayers look all over the place to pay bills,
Read MoreIRS Explains Delays In Processing Some Returns Claiming Education Credits
When the Internal Revenue Service finally announced that it was accepting federal form 8863, Education Credits (American Opportunity and Lifetime Learning Credits (downloads as a
Read MoreMinnesota Tax Authorities Warn Taxpayers To Stop Using Intuit Products
Every year, we expect to see a few glitches in tax filings, including software bugs and processing issues. Generally, those are resolved pretty quickly and
Read MoreTaxes From A To Z (2013): D Is For Disaster Relief
D is for Disaster Relief. The forecast for the past several days has been terrible with warnings and advisories for gusting winds, heavy rain and
Read MoreTaxes From A To Z (2013): C Is For Carpooling
C is for Carpooling. You cannot deduct the costs of getting to and from work, no matter if you take a bus, trolley, subway, taxi,
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