The 2017 tax filing season is still 6 months away, but the IRS is already making plans to fight tax identity theft and refund fraud that it expects to see next year.
Baby boomers start turning 70 1/2 this year, but it’s the IRS that will be getting the gifts when boomers start taking taxable required distributions from retirement accounts.
June 26 marks 1 year since the Supreme Court deemed same-sex marriages legal across the United States. Here are some tax and estate planning tips to help celebrate that anniversary.
Taxes take time to complete and that time costs a lot of money, around $409 billion, according to a recent Tax Foundation study.
Philadelphia is about to become the largest U.S. city to tax beverages, sugar-sweetened and otherwise. In pushing for the tax, officials opted for the honest “we need the money” approach.
The Earned Income and additional child tax credits help put added money in the hands of millions of filers. They also are a source of tax fraud. A new law will delay refunds in 2017 on returns that claim these credits.
Students duped into taking out loans to pay for college could get a tax break if a new Senate bill gets some traction.
Moving is a pain, even for the rich. In fact, a new study finds that the wealthy don’t move that much even if relocation would lower their tax rates.
Law enforcement made some progress this week against the huge telephone tax scam. 5 people were arrested for allegedly being part of the largest tax scam ever.
A man’s home literally is his castle for a former king of Romania. He says a war veterans’ tax break means he shouldn’t owe real estate taxes on the property.