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.
Whether you forgot to take all of the deductions you were eligible to take, or just reported a few wrong figures to your tax return,
Before this year’s tax-filing deadline in April, you may consider hiring someone to fill out your taxes. Lots of people don’t want to bother with
If you’re expecting a tax refund this year, don’t overlook the benefits of requesting a split refund. The IRS offers this option for taxpayers who
You can reduce you total taxes owed by claiming a child as a dependent on your income tax return. But not all children qualify and
Even though most American taxpayers wind up getting a tax refund from the federal government, some taxpayers still owe the Internal Revenue Service money and will
The Head of Household filing status can mean a lower tax rate and higher standard deduction than a single taxpayer. Many people who are claiming
If you fail to pay your taxes in a certain period of time, the IRS will report the issue to the credit bureaus and it
Q: I received a 1099-c form from the mortgage company I used to have a loan with. My ex-wife and I were both on the
Q: Hello Lynnette ! I am an international graduate student who worked as a part time contractor to the United Nations in 2010 for about
Q: In your book Zero Debt you say we should NOT get a refund check. I live for that check to help with tuition, home
The IRS requires all employers to report income and employment taxes withheld from their employees on an Employer’s Quarterly Federal Tax Return (Form 941). If
If you’re one of the 25% of tax payers who owe money to the IRS when you file your federal income tax return, there are
Q: My husband and I each took $10,000 early IRA distributions to help pay for a construction loan on a new house. The amount is
Q: My husband and I have been married for 2 1/2 years and have not mixed any of our finances due to his poor credit
Q: I am the creditor and I canceled the debt (the amount owned by a real estate development company). I have provided a 1099-C to
