Elizabeth Rosen grew up near Boston, MA and comes from a family of financial planners. She attended Carnegie Mellon University in Pittsburgh, PA where she studied professional writing. After graduation, Elizabeth moved to the West Coast and spent several years as the Senior Writer/Editor and Content Manager for Banks.com, Inc. She currently works for Remark Media as the Managing Editor for financial websites.
July 28, 2014
The purpose of Tax Form W-4 is simple ― it is used by your employer to withhold the proper amount of federal income tax from your paycheck. The IRS recommends that employees submit a new W-4 tax form each year, or any time their personal or...
July 14, 2014
“The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.” — Mark Twain
If you’re like most people, you do not enjoy filing taxes. You...
June 27, 2014
When it comes to taxes, wouldn’t you love to be able to use the same annoying excuses as the IRS?
Rep. Steve Stockman (TX) thinks so. He even came up with the legislation.
It’s called “The Dog Ate My Tax Receipts Act” and it...
May 30, 2014
There are many different IRS tax forms that you may come across throughout your life. However, as an individual taxpayer, you probably only need to be concerned with the basics, such as Form W-2, Form W-4, and Form 1040.
May 5, 2014
If you happen to miss the filing deadline (April 15th), you should still try to file your income tax return as soon as possible — especially if you owe additional taxes.
The longer you wait to file your tax return, the more penalties and...
April 25, 2014
If you owe the IRS money, there are some important factors to keep in mind.
The first thing to note is that the IRS is like any other "lender" – they...
April 23, 2014
IRS Tax Form 1040X is the Amended U.S. Individual Income Tax Return. It is designed for taxpayers who need to correct mistakes made on Tax Form 1040, Tax Form 1040A, Tax Form 1040EZ, Tax Form 1040NR, or Tax Form 1040NR-EZ. To...
April 16, 2014
If you ever want to check your IRS refund status, you have several options available to you. Thanks to technology, taxpayers can...
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.
March 18, 2014
What is a tax refund? A Federal tax refund is basically a refund from the IRS because you paid more in taxes than you owed for...