An IRS audit can conjure fear in the majority of Americans and even the tiniest of mistakes can trigger a more skeptical look at taxpayer returns. However, a new pilot program launched by Uncle Sam wi...
The winter holiday season is a time for celebrating and reuniting with friends, family and loved ones, but it's also one of the periods when Americans spend the most money. Although holiday gifts,...
Americans have recently been inundated with reports that they are not saving adequately for retirement, as well as the consequences and ramifications of falling short during their golden years. Althou...
Taxpayers who are struggling to make ends meet may see some additional relief in 2012. The Internal Revenue Service recently announced inflationary adjustments relating to a number of income and estat
Americans usually spend 30 to 40 years building up their retirement funds in order to ensure they have sufficient nest eggs by the time their golden years come around.But recent market volatility has ...
The IRS may have money waiting for you. If you earned income in the last few years but didn't file a tax return because your wages were below the filing requirement, the IRS may have some money ...
When it comes to making deductions during filing season, consumers may be aware of the large items they are allowed to write-off, such as their mortgage taxes and charitable contributions. But there a...
Paying for college is an expensive endeavor, but it's one that millions of young adults undertake each year in order to pave the road to a better future. A number of tax breaks are available for m...
Few Americans stay employed with the first company they joined for the duration of their lives, which often prompts them to transfer their retirement fund to a new account at least once. However, cert...
Budget shortfalls are impacting many states across the country, and some are finding ways to squeeze additional income by cutting longstanding tax incentives.Michigan has announced it will eliminate a...