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Tax Penalties

IRS Wishes Baby Boomers A Happy 70 ½ Birthday!

Mark Steber | Posted 07.28.2016 | Business
Mark Steber

Happy 70½ Baby Boomers! It might surprise you to learn that in most cases you MUST start taking money from your traditional IRA, 401(k), and other r...

The Affordable Care Act and Your Taxes

Mark Steber | Posted 12.07.2013 | Business
Mark Steber

The ACA seeks to help millions of Americans without health insurance obtain affordable coverage. But it can be confusing. If you do not pay attention to the rules you could miss out on benefits or worse, owe a big payment back to the IRS in the future.

Senator Owes Outstanding Taxes On Lavish D.C. Home...Again

The Huffington Post | Will Wrigley | Posted 02.20.2013 | DC

When it comes to taxes, nobody is exempt. This includes politicians who make D.C. their second home when they are elected to Congress. Sen. Mary...

The Truth About Cashing Out Your 401K, From Suze Orman (WATCH)

Posted 08.14.2013 | Home

Do not cash out your 401k early! Personal finance expert Suze Orman was adamant about leaving your 401k alone until retirement when she joined me on M...

WATCH: Man Slammed With 17-Year-Old Tax Bill

The Huffington Post | Allie Compton | Posted 11.01.2012 | Business

Nobody likes a letter from the tax man, especially one that says you owe money from nearly two decades ago. Enter Bill Elkins, a 66-year-old Californi...

How To File A Tax Extension

Huffington Post | Emily Cohn | Posted 04.13.2012 | Money

Worried you won't get your taxes done in time? Here's some good news: you can file an automatic six-month extension with the IRS and receive no late p...

You May Be Eligible To Postpone Paying Taxes

The Huffington Post | Bonnie Kavoussi | Posted 03.08.2012 | Money

If you are unemployed, you may be able to get away with not paying taxes...for now. The IRS announced on Wednesday that people who have been unempl...