Taxes Blog

Thursday, August 28, 2014 10:40 am
By Kay Bell · Bankrate.com

Actress and former Miss American Vanessa Williams is the latest celebrity to run afoul of the IRS. If you owe taxes, look into a payment agreement so you don’t end up like her.

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Tuesday, August 26, 2014 10:45 am
By Kay Bell · Bankrate.com

Thousands have taken the Ice Bucket Challenge. Many also have donated to the ALS Association. If you gave money, you might be able to claim a tax deduction.

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Thursday, August 21, 2014 2:34 pm
By Kay Bell · Bankrate.com

Being behind bars doesn’t deter some tax criminals. Two in Minnesota, however, have been charged with running a $400,000 fake tax refund scheme.

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Tuesday, August 19, 2014 12:34 pm
By Kay Bell · Bankrate.com

Don’t fall for the ever-growing telephone tax scam. The caller on the other end of the line probably is a con artist, not an IRS agent.

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Thursday, August 14, 2014 3:47 pm
By Kay Bell · Bankrate.com

Several higher education groups say that a House approved change to current tax benefits would hurt older students who aren’t full-time students.

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Tuesday, August 12, 2014 10:35 am
By Kay Bell · Bankrate.com

When it comes to legalizing marijuana, Bob Dylan said it best: The tax times, they are a-changin.’ OK, Dylan didn’t specifically say tax times, but in the effort to move marijuana into the mainstream, proponents of legal weed are regularly touting the tax benefits. © John Munson/Star Ledger/Corbis The latest instance is in Oregon. An

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Thursday, August 7, 2014 1:59 pm
By Kay Bell · Bankrate.com

The IRS has done a great job in calculating Affordable Care Act advance tax credits. Now the agency and taxpayers wait for courts to decide who gets the credit.

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Tuesday, August 5, 2014 10:07 am
By Kay Bell · Bankrate.com

Tax holidays continue to hang around, but many in the tax world say they are terrible tax policy and don’t really do much to boost state economies.

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Thursday, July 31, 2014 4:14 pm
By Kay Bell · Bankrate.com

Taxes have helped reduce the number of smokers. They also have cost the U.S. Treasury billions — because of tobacco tax loopholes, not fewer smokers.

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Tuesday, July 29, 2014 1:23 pm
By Kay Bell · Bankrate.com

A Republican bill makes what supporters say are improvements to the popular $1,000 child tax credit. Most Democrats, however, disagree with the ‘improved’ moniker.

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