February 4, 2013
There are many costs associated with moving and they can really add up fast. Fortunately, if you are moving because of a new job, or your current job changed location, you may be permitted to deduct your moving expenses on your...
February 1, 2013
The Republican chairman of a tax subcommittee in the U.S. House of Representatives on Thursday pressed the Internal Revenue Service for guidance on preventing disarray expected after a court unexpectedly halted new IRS rules for tax preparers....
January 31, 2013
Charities that rely on donations from individuals should brace for lean times, with the U.S. payroll tax increase expected to curtail Americans' generosity, according to a poll released on Thursday.
One in five people questioned for the...
January 29, 2013
When Andrew Winfield applied to become a U.S. citizen in 2011, he realized he owed taxes on accounts he had left behind in his native England.
So he paid what he believed he owed — $2,800 in back taxes, plus the estimated interest and...
January 28, 2013
There are new tax rules - and most people aren't sure how the rules will affect them. However, making a good tax plan can ease the headaches that can come when dealing with the unknown. Dow Jones Wealth Adviser Arden Dale breaks down the new...
January 21, 2013
This is the time of year when we start thinking about getting our taxes done. However, inmates are also in that frame of mind. While some inmates have legitimate reasons for filing taxes, others have nefarious intentions. Megan Murphy reports on...
January 21, 2013
In a surprising blow to the U.S. Internal Revenue Service, a federal judge on Friday barred the agency from regulating thousands of non-professional tax return preparers, throwing into doubt a multimillion-dollar enforcement program already...
January 18, 2013
Non-U.S. pension funds and mutual funds were spared the full brunt of new U.S. information-reporting rules on overseas accounts meant to catch Americans who dodge U.S. taxes by keeping their assets offshore.
Chiefly targeting banks, the...
January 15, 2013
The big numbers under discussion following the American Taxpayer Relief Act of 2012 have been $400,000, the income level where new marginal rates kick in for singles, and $450,000, for married couples filing jointly.
But two limitations on...