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April 4, 2013NEW YORK (MainStreet) — Most taxpayers are aware that state and local income taxes are deductible if you can itemize on Schedule A.
But many fail to claim a deduction for a special state...
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April 3, 2013Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a 3.8 percent tax on investment income intended...
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April 1, 2013The U.S. Internal Revenue Service on Wednesday lost a request to prevent the partial shutdown of its tax return preparer regulatory program pending an appeal.
In a one-page ruling, the U.S. Court of Appeals for the District of Columbia...
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April 1, 2013The U.S. Internal Revenue Service on Thursday broadened a crackdown on tax related identity theft to include all 50 states, allowing local law enforcement officers limited access to IRS documents.
Under the IRS program, police can gain...
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March 25, 2013SAN DIEGO (MainStreet) — So you’ve decided to take the plunge and join the growing number of people e-filing taxes, but you worry about potential mistakes?
As it turns out, there’s...