Overseas Military Could Return Home to a Homebuyer Credit
Members of the military and certain other federal employees serving outside the United State get an extra year to purchase a residence in the U.S. and receive the homebuyer credit. Full story
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Tax Break Friday Poll: What do you worry about most when you're doing your taxes?
Let us know what you worry about most when you’re doing your taxes. Full story
Taxes 101: Alternative Minimum Tax
Learn more about the Alternative Minimum Tax. If you want to avoid paying more taxes than you have to, then arm yourself with knowledge. Full story
Help for Haiti: House and Senate Say Yes to 2009 Tax Break for Donations
The House and Seante passed a bill that will allow Americans to write off their donations to Haiti on their 2009 tax return, even if they donate this year. Full story
13 Things You Can Do in 2010 to Stay Financially Fit
It’s this time of the year that people create all kinds of New Year’s resolutions. What about your finances? Here are 13 things you can do right now. Full story
Donations to the Haiti Relief Effort Could be Tax Deductible
Today, Congress is expected to start discussing a new bill intended to assist those of us who have contributed to organizations bringing relief to Haiti this year. The new law would consider cash charitable contributions made this year through February 28 tax deductible for both 2009 or 2010 tax returns. Full story
IRS Extends Free File Program
The IRS has signed a five-year extension for the Free File program, the public-private partnership between the federal government and about 20 private tax preparation companies, including TurboTax, maker Intuit. Full story
Tax Break Friday Poll
The IRS started accepting e-filed returns today. When do you plan on filing your taxes? Full story
TurboTax Offers Free Online Tax Preparation to Active Military and Low-Income Taxpayers
Federal Free File Program Renewed for Five Years; Intuit Continues Participation SAN DIEGO – Jan.… Full story
Prepare, Click, Send: Tax Filing Season Kicks Off Today
2010 Could Be Record Year as Taxpayers Enjoy Ease, Speed and Accuracy With Electronic Filing… Full story
What is the current IRS status on processing returns?
Already filed your taxes with TurboTax? Here is the latest information on IRS processing, so you know when you can expect your tax refund. Full story
IRS Announces E-file Opens January 30, 2013
Today, the IRS announced that it will begin accepting e-filed tax returns for the vast majority of U.S. taxpayers on January 30, about a week later than expected. The IRS anticipates that it will be able to process tax returns for about 120 million taxpayers. Full story
Bonus Time: How Bonuses Are Taxed and Treated by the IRS
Bonuses can change your tax situation depending how large the bonus and what methods employers use to tax the income. Find out how bonuses(supplemental income) are taxed. Full story
What is a Schedule K-1 Form?
If you are an owner of a partnership, LLC, S-corp, or other entity that passes through taxes to its owners, in most cases you will receive a K-1 form each year. The K-1 is prepared by the entity to distribute to owners/shareholders to outline their portion of the income, loss, and deductions. Full story
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