The IRS will begin processing tax returns on January 19, 2016. You can get a start on tax season now by having your return prepared but it won’t speed up the IRS.
Read MoreTaxpayers Get A Breather On Passport Requirement For Domestic Travel As REAL ID Requirement Delayed
There’s good news for delinquent taxpayers hoping to use their driver’s licenses to fly domestic: the Department of Homeland Security (DHS) Secretary Jeh C. Johnson has announced an extension for states and territories to fully implement the Real ID Act.
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When It Comes To Taxes, Where Not To Win Powerball
Hoping to win the Powerball? You know your winnings will be subject to federal tax. But which state and local authorities also want a piece?
Read MoreFashion Designer Karl Lagerfeld Said To Be Facing Accusations Of Tax Evasion
Fashion designer Karl Lagerfeld is reportedly being investigated on allegations of tax evasion in France.
Read MoreIRS Drops Proposal To Collect Social Security Numbers From Charitable Donors
The Internal Revenue Service (IRS) dropped a controversial proposal which would increase the amount of paperwork and personally identifying information provided to charitable organizations from donors seeking a tax deduction.
Read MoreIRS Announces Extended Due Date For Mississippi Storm Victims, Others May Be Added
The Internal Revenue Service (IRS) has announced that victims of December’s violent storms in Mississippi will have extra time to file their 2015 tax returns and pay any tax due.
Read MoreIllinois Announces Plans To Delay Tax Refunds Through March
Illinois has announced that it will delay tax refunds for individual taxpayers through March. As tax authorities continue to struggle over to how best prevent identity theft-related tax fraud, it’s very likely that the processing of returns and refunds will be slow – at least at the beginning of the tax season.
Read MoreIRS Sends IP PIN Letters With Wrong Tax Year, Stresses It Will Not Affect Returns Filed In 2016
The Internal Revenue Service (IRS) has announced that it has discovered an error affecting Identity Protection Personal Identity Numbers (IP PIN) letters mailed out in December 2015: those letters have the wrong effective year.
Read More100 Things You Absolutely Need To Know About Money Before You’re 35
From taxes to employee benefits to life insurance, here are 100 Things You Absolutely Need To Know About Money Before You’re 35. #100MoneyTips
Read More10 Things You Absolutely Need To Know About Taxes
Tax Day comes around just once a year but staying on top of taxes can feel like a year-round job. Whether you file on your
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