It hurts to get a big tax bill and find out that you owe the government. But there are some ways you can start to lower your taxes in the future.
If you work as a restaurant server, hostess, or in another industry where you rely on tips as your primary source of wages, you need
In most cases, the income you earn from various types of sources is taxable and must be reported on your federal income tax return. However,
Getting married or undergoing a divorce will involve not only an emotional upheaval, but also a lot of paperwork on the financial end. The Internal
Raising children can be a joyful and rewarding experience, but it can also come with significant financial responsibilities. To help alleviate some of the financial
If you received Social Security benefits in 2011, did you know that your benefits could be taxable? Make sure you review Form SSA-1099 from the
You probably already know that some medical and dental expenses are tax-deductible, but are you aware that the IRS has set some deduction limits and
If you were unemployed in 2011, worrying about taxes was probably the last thing on your mind. However, those unemployment benefits you received do have
Tax season is here and if you’re dreading filing your income taxes or dealing with the IRS, you’re not alone. The IRS audited 1.6 million
If you had some of your debts cancelled or forgiven last year, the company that cancelled your debt will issue you a Form 1099-C for
If you enter a loan forgiveness program or a creditor cancels your debt after negotiating or modifying your total debts owed, you will receive Form
Tax season can be stressful for obvious reasons, but one way of making it brighter is receiving a big income tax refund from the government.
If you need tax help filing your federal income taxes, look no further than the IRS itself. And don’t worry: the IRS isn’t out to get
Any parent knows that kids can be awfully expensive. They eat a lot, or sometimes not much at all, picking all over their food and
When you’re filing your federal income tax return, you undoubtedly want to pay the least amount of money possible to Uncle Sam. One effective way
After the economy took a nosedive from 2007 to 2009, President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) into law. This bill
