The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.
If you’ve ever taken a ride in a Los Angeles Fire Department ambulance, officials say your personal data could be at risk.
It is time to end the tax exempt status of religious organizations that advocated for a partisan candidate.
If the GOP wants a candidate to “man up”, they should tell Mitt Romney to grow up and stop hiding his returns and stop disparaging working Americans for meeting their tax obligations while he dodges his.
Two San Fernando Valley men were sentenced to federal prison time for swindling investors, including friends, associates and members of one of the men’s church.
Mitt Romney pays a SHOCKINGLY low percentage of his income on taxes. For a man of his means seeking public office it is a SHAMEFUL number. But Romney is a man without shame.
Mitt Romney is the person who needs to put up or shut up in his dispute with Harry Reid. There is no reason to believe a word he is saying about his taxes.
An investor in Bain told Senator Reid that Mitt Romney had not paid any taxes over a ten year period, but maybe the more intriguing story is who else he hasn’t been sending money to in years past.
“[Romney] has pushed the envelope all the way to the edge, to his benefit, and I think that Americans would find that pretty distasteful. I think it’s going to make Americans recoil, and that’s why I think he’s not releasing those returns,” said Former Auto Czar Steve Rattner.
A Glendale office clerk faces federal charges of ordering more than $159,000 in office supplies, selling those items for cash and failing to declare the income to the Internal Revenue Service.