Tax Resources

The Latest

  • September 8, 2014

    Gambling — whether it’s at the racetracks, the casino, or the lottery — is a source of entertainment for millions of people. It is also a source of income, whether you win the Powerball...

  • September 5, 2014

    Are you trying to determine whether or not all of your income is taxable? While the IRS considers most types of income to be fully taxable, there are certain instances where your income may not be subject to tax.

    Taxable Income...

  • August 15, 2014

    The Internal Revenue Service (IRS) and the Treasury Inspector General for Tax Administration (TIGTA) say that a number of individuals have received unsolicited phone calls from people claiming to be the IRS and demanding immediate payment of...

  • August 10, 2014

    As many are still recovering from the Great Recession, the idea of having income (or even excess income) subject to tax is the last thing people want to think about. 

    Generally, tax law defines income as “undeniable accessions to wealth”...

  • June 2, 2014

    Roughly one in three Americans files their own taxes online, rather than using a professional tax preparer. If you're going to file electronically, there are a few ways you can do it.

    If your Adjusted Gross Income (AGI) was less than $58,...

  • April 23, 2014

    Federal government grants are created through legislation that is passed by the U.S. House of Representatives (a.k.a. Congress) and signed into law by the President. These grants are financed with taxpayer dollars and are available for a variety...

  • April 2, 2014

    Wondering where to file your Federal income tax return — IRS Form 1040, 1040A, or 1040EZ? The mailing address you should use depends on where you live, what form you’re filing, and whether or not you’re including a payment.

    Here is a...

  • March 24, 2014

    Modified Adjusted Gross Income (MAGI) can qualify you for a number of credits, benefits, and exclusions, which makes it important to calculate for tax purposes.

    Your MAGI is used to determine your eligibility for various Federal tax...

  • March 19, 2014

    Did you receive your tax refund this year? Did you neglect to send a tax return, thinking your income was too low?

    You might have a stack of cash waiting for you.

    ...

  • March 18, 2014

    Did you know? Almost 120 million people e-filed their tax returns last year, and over 1 billion people have e-filed since 1990. There are a number of ways you can file your tax return if you choose to do it electronically.

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