It’s time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
About half of Americans say they feel underpaid. Are you one of them?
The U.S. Senate voted overwhelmingly today to endorse levying Internet sales taxes on American shoppers, despite warnings from a handful of senators that the proposal is antibusiness, harmful to taxpayers, and will be a “bureaucratic nightmare.”
If it wasn’t for bad publicity, the Miami Marlins wouldn’t have any publicity at all. The latest blight on the franchise’s name comes from CBS4 news partner the Miami Herald. According to the Herald, dozens of workers who helped build Marlins Park are still waiting for at least $67,000 in back pay from the contractor that hired them.
Do you need a little extra cash? Everyone’s favorite tax agency might be holding it for you. $61 million is waiting to be claimed, and more than 62,000 Florida residents are entitled to the money, according to the Internal Revenue Service.
Internet tax supporters are hoping that a vote in the U.S. Senate as early as today will finally give them enough political leverage to require Americans to pay sales taxes when shopping online.
Avoid the most common tax mistakes to get a faster refund.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.