Topics
Blog
Get smart on tax refunds — and don’t get them
Keep your money and use it during the year rather than let the government take it and pay you back, one adviser says. NEW…
Nine tax breaks you’re probably missing
The U.S. tax code clocked in at more than 73,000 pages last year. Here's what's hiding inside. NEW YORK (MainStreet) — The tug of…
Do I need my babysitter’s Social Security number?
Mary Poppins might play hard ball if you ask for her social. Here's a spoonful of tax advice to help you get her on the…
The real cost of hiring a tax preparer
If a tax professional catches even one deduction or credit a taxpayer would have missed, it can easily justify the cost. NEW YORK (MainStreet) —…
How to avoid getting audited
The IRS has been stepping up its efforts to ensure that Americans are accurately reporting the taxes they owe. This means that the IRS is…
Is a live-in girlfriend or boyfriend tax-deductible?
Maybe, if she wasn’t working last year, or didn’t earn very much. A qualifying partner gives you an extra personal exemption, worth $3,800. This works…
Tax-free Coverdell savings accounts saved by Congress
Coverdell education savings accounts have never really drawn many headlines, even when unexpectedly saved from extinction as part of Washington's "fiscal cliff" deal.Much like the…
Two plead guilty in New Jersey over $65 million tax refund fraud
A former U.S. Postal Service carrier and a co-defendant pleaded guilty on Monday over their roles in a scheme to obtain $65 million of bogus…
