Whether or not you are required to file a federal income tax return this year will depend on how much you earned (gross income) -- and the source of that income -- as well as your filing status and your age. Your gross income includes all the income you receive that is not exempt from tax, not counting your Social Security benefits, unless you are married and filing separately.
Net Neutrality itself doesn't solve America's communications problems and we hope that the FCC decides to actually investigate our claims that a) Verizon failed to disclose that the networks are already Title II.
If you don't get to take Exit 1, or have questions about whether you owe a shared responsibility payment with your tax return or if you are must repay some of your advance premium tax credit payment, it might be best to consult a tax pro. Wishing you safe travels.
The Civic Federation, the respected, Chicago-based fiscal watchdog, is hardly a bastion of tax-and-spend liberalism. Yet this week, for the second time in less than a year, it issued a warning that the state had put itself in serious financial danger when it allowed its personal and corporate income tax rates to fall by 25 percent on Jan. 1.
And while tax preparation software makes filing faster and easier, there were several changes to popular tax prep services this year, leaving many filers confused about which product is right for them.
Some suggest this latest cut is intended to undermine the ability of the IRS to identify and penalize those who fail to buy health insurance or provide it to their employees. We should stop playing games with the IRS and start funding the agency adequately to do its job.
I'm certainly grateful that I have biological impulses to act altruistically, but I'm also aware that I can't rely on them. They won't free me of the fundamental conflict between altruism and selfishness that is wired into my DNA, and they won't enable me to reach beyond my current limitations.
People with enough money won't have to think twice about paying more at the pump. But for low-income drivers trying to get to work and raise their families, a tax increase on gas would do a lot of damage.
According to top industry specialists, almost everyone's personal information has ALREADY been stolen in one form or another. And it is just a matter of time of when it will happen again.
It's February! The month when hearts, kisses and huggable stuffed animals abound -- and you're constantly reminded: All you need is love. But we think there's something else you need, too. (Hint: It's green, not pink.)
Antoine Deltour was arrested and charged with theft, violation of professional secrecy, violation of trade secrets and illegally accessing a database. In brief, the man who exposed what are at the very least unethical tax avoidance plots is charged as a criminal, but the man who orchestrated the whole sorry mess has done nothing illegal.
In his State of the Union address President Obama called for tax increases for the wealthiest Americans. Does the public support these tax hikes, and how do their attitudes fit into larger perceptions about wealth?
Can you eliminate your U.S. tax burden by retiring overseas? No, you can't. It's not that simple, and you shouldn't believe anyone who tells you otherwise.
The conventional wisdom, embraced by the Fed and by most economic commentators, is that deflation is bad. But is there an exception when "deflation" is triggered by a dramatic decline in the price of oil?
It's time for Congress to step in to prevent cities like Glendale from backing themselves up on their own goal line. We fully support the bi-partisan End Discriminatory State Taxes for Automobile Renters Act (EDSTAR), which would solve this problem once and for all.
For years everyone else has been picking up the tab for big corporations because our tax system encourages them to shift jobs and profits offshore. It's time for that to end. President Obama's plan does not go nearly far enough to do that.