Bad News...the IRS plans on checking Facebook and Twitter this year to see if you're cheating on your taxes. Fortunately, they can't Facebook stalk us all. It'll just be people who've been flagged for an audit or potential audit:
Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.
I'm NOT a certified tax person, financial adviser or anything of the sort. Heck, I'm not even a certified babysitter anymore. But anyone who knows me CAN tell you that I'm an absolute geek about money. It never ceases to amaze me the steps that my friends DON'T take, to not screw themselves come tax time.
So President Obama finally "picked a number" as to whom he'd refer to as the wealthier folks in the land. Let me preface this by saying I don't care WHO said it....
Over the months to come, we will be bringing you tax and accounting tips from CS and Company that we hope will be helpful in your business and personal life. Feel free to let us know topics you would like to know more about. We will try to keep it current, interesting and informative. Upcoming topics include costs savings of hiring a tax professional to prepare your taxes, deducting mileage, st
Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.
For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.
It's important to remember that filing an extension doesn't extend the
While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they're actually kind of fun.
Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes:
One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower.
Here's a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.