Tax season comes and goes every year, to the dread and relief of many a taxpayer. Even if you’ve taken care of your taxes this year, that doesn’t mean you shouldn't be mindful of potential tax deductions you can claim for your next round with the government in the year to come.
Today, April 15, is Tax Day, and while most of you have filed your 2012 returns, surely some of you out there are going down to the very last minute ... or maybe even a bit beyond. Here are a few important reminders:
The IRS has issued its annual warning about the "Dirty Dozen" schemes out there—ways that certain disreputable folks will try to steal your money or methods people use to hide financial information from the tax agency.
It takes at least a few days, sometimes longer, to receive your refund after you've filed your taxes with the IRS. Some people, though, just can't seem to wait. This almost certainly is a bad decision.
We all kind of know what a 401(k) is. It’s retirement money. But beyond that, what actually isa 401(k)? These aren’t the things we discuss with our parents around the dinner table before we’re thrust out into the working world.
It may still be early in the year, but it's not too early to start thinking about your taxes for next year. As much fun as it is to procrastinate, now is the time you can really make a difference in next year's IRS bill. If you plan ahead, you can save a bundle in 2014 using these five simple (and some not-so-simple) ways:
Start a Health Savings Account
If you're young or middle-aged and have conc
Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.