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Income Tax

Tax Tips for Self-Employed Professionals, Freelancers and Contractors

Mark Steber | Posted 06.22.2013 | Small Business
Mark Steber

While April 15 is commonly accepted at "tax day," for many taxpayers and especially small business owners, freelancers and self-employed professionals, there are other important "tax days" to keep in mind.

U.S. Should Give Tax Breaks to Immigrants Who Send Money Home

Edwin Okong'o | Posted 06.15.2013 | Politics
Edwin Okong'o

Immigrants are more efficient than any organization -- foreign or domestic -- doing charitable work in the countries we come from. Yet, unlike charitable organizations, we can't deduct that money from our tax burden.

This GIF Explains Why Taxes Have Become So Terrible

Quartz | David Yanofsky | Posted 04.15.2013 | Business

Quartz: The 1040 has been the primary American tax form since the introduction of the personal income tax in 1913. That’s even been the form’...

11 Totally Legitimate Reasons To Hate Taxes

The Huffington Post | Posted 04.15.2013 | Business

Impossible though it may seem, roughly one-third of Americans actually like doing their taxes. Then there are the normal people, who perhaps feel a se...

What You Need to Know About Filing a Tax Return Extension

Mark Steber | Posted 06.12.2013 | Business
Mark Steber

Filing a tax return extension can remove the failure-to-file penalty, which is the larger penalty on a monthly basis, but it will not remove the failure-to-pay penalty.

Four Governors Whose Radical Tax Plans Have Taken a Beating (and Why They're Not Giving Up Yet)

Nicholas Johnson | Posted 06.12.2013 | Business
Nicholas Johnson

The hurdles that Governors Jindal, Kasich, Fallin, and Heineman encountered in their own states and with their own allies do suggest that there may be a bit less appetite for radical tax change in the states than it seemed a month or two ago.

How To Get An Extension On Your Tax Returns

Posted 04.12.2013 | Business

Worried you won’t be able to file your taxes by the Monday, April 15 deadline? Don’t fear, you can file for an extension. Head over to the IRS...

A Century of Income Taxes: Visualizing the History of Tax Day

VisualNews.com | Posted 06.10.2013 | Small Business
VisualNews.com

Leave it to TurboTax to put out a visual history lesson on the past 100 years of tax history -- particularly tracing the origin story of the April 15th tax day.

Here's What You Need To Know About Your Tax Refund

The Huffington Post | Posted 04.06.2013 | Business

It’s pretty much the only good thing about tax season: Your tax refund. After you file your taxes, the government (both state and federal) will i...

The Return Of Nino Brown!

Posted 04.10.2013 | Black Voices

Actor Wesley Snipes is slowly making his way back to “big business,” as his three-year sentence for failing to pay taxes comes to an end. TMZ ...

Where Is My Tax Refund?

The Huffington Post | Posted 04.05.2013 | Business

Where is my tax refund? It's a common question. So if you finally got around to filing your tax return and find yourself anxiously wondering when you ...

Online Tax Filing Could Make Your Life Easier

The Huffington Post | Posted 04.05.2013 | Business

There are many benefits to filing your taxes online. Aside from saving paper, online tax filing makes it easier to organize all of your tax inform...

Tax Tips for the Last Two Weeks of the Tax Season

Mark Steber | Posted 06.04.2013 | Business
Mark Steber

If you're planning to file an extension because you might owe taxes, you should know that an extension only extends the deadline for the forms to be filed. It is not an extension to pay your any taxes you owe.

How To File Your State Returns For Free

The Huffington Post | Posted 04.04.2013 | Business

The Internal Revenue Service allows Americans that make less than $57,000 a year to file federal income tax returns for free –- but what about state...

How To Use IRS Free File

Posted 04.04.2013 | Business

You don’t have to pay big bucks in order to file your taxes by Tax Day on Monday, April 15, 2013. The IRS offers a service called “IRS Free Fi...

How To File Your Taxes For Free

The Huffington Post | Posted 04.04.2013 | Business

Filing your tax returns doesn't need to burn a hole in your wallet. There are a number of services available that will help you file your taxes free o...

How To File Your Taxes Online

Posted 04.03.2013 | Business

Filing your tax returns doesn't have to mean killing trees. You can file your taxes online using Free File, tax preparation software or a tax prepa...

How To File Your Taxes Online

Posted 04.03.2013 | Business

Tax Day -- the deadline to file your 2012 taxes -- is coming up on Monday, April 15, 2013. One convenient way to file your taxes is through IRS e-file...

Don't Let the IRS Do Your Taxes

Grover Norquist | Posted 06.03.2013 | Politics
Grover Norquist

The IRS has one job, and one job only -- to collect taxes. It measures its success or failure in its ability to collect as much in taxes as possible. To ask the IRS to estimate the tax liability of a taxpayer is akin to asking an alcoholic how much they can have without crossing the line -- the answer will always be "more."

Hate Filing Your Tax Return? Good

Joseph J. Thorndike | Posted 06.03.2013 | Business
Joseph J. Thorndike

People everywhere hate taxes. What makes the United States distinctive, I think, is our insistence on collecting so much of our tax revenue in a distinctly unpleasant way. No stealthy value-added taxes for us! We're going to do it the hard way.

What To Do If You Lost Your W-2

The Huffington Post | Posted 04.02.2013 | Business

Form W-2 is one of the most essential pieces of paper when filing your taxes. If you've lost a W-2 -- or if you never got one in the first place -- th...

Everything You Need to Know If You Owe the IRS

Mark Steber | Posted 05.29.2013 | Business
Mark Steber

By now you've heard me say that 75 percent of all taxpayers receive a refund (according to public IRS data it's even higher this year), so what happens if you are in the other 25 percent and owe?

Important and Lesser-Known Life Changes That Could Save You Money on Your Taxes

Mark Steber | Posted 05.20.2013 | Business
Mark Steber

Life changes are applicable to just about every taxpayer, and that's where you should look to get the most out of your tax return.

David Brooks vs. Progressives: Genteel Ignorance as Economic Warfare

Richard (RJ) Eskow | Posted 05.19.2013 | Politics
Richard (RJ) Eskow

David Brooks may not understand economics or public policy, but his uninformed pronouncements have a music that moves Washington insiders. These uncomprehending arias may have comic-opera overtones, but they build a consensus for tragedy.

Why You Still Haven't Filed Your Tax Return and Why Your Excuses for Waiting are Wrong

Mark Steber | Posted 05.15.2013 | Business
Mark Steber

Even for tax filers who file in those last few days, April 1-15, those tax returns may be impacted by IRS layoffs due to sequestration as they would likely be processed after April 15. Don't take chances with your tax return. File your taxes now. Get it done. Get that big refund, and go enjoy it.