Taxes Blog

Want to make filing your annual state and federal tax returns easier? Bankrate’s Taxes Blog focuses on how to deal with real-life tax situations, from which forms to file to tax brackets and rates to credits and deductions that will lower tax bills. To ensure that the tax tips are up-to-date, Bankrate’s Taxes Blog also keeps an eye on tax-law changes and the politics behind state and Internal Revenue Code alterations. See the latest posts below.
Thursday, May 16, 2013 1:41 pm
By Kay Bell · Bankrate.com

Fired commissioner. Congressional hearings. Scathing tax watchdog report. It has been a terrible week for the IRS. And the tough times won’t stop any time soon.

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Tuesday, May 14, 2013 4:58 pm
By Kay Bell · Bankrate.com

IRS workers will face five, and possibly seven, unpaid days off this summer thanks to sequestration.

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Monday, May 13, 2013 9:43 am
By Kay Bell · Bankrate.com

IRS workers targeted conservative groups in processing tax-exemption applications. Now the fun begins on Capitol Hill.

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Thursday, May 9, 2013 4:42 pm
By Kay Bell · Bankrate.com

The Internal Revenue Service has made it official that it will not go snooping into your electronic communications without first obtaining a warrant.

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Tuesday, May 7, 2013 2:20 pm
By Kay Bell · Bankrate.com

The Senate passed the Marketplace Fairness Act, which would force online retailers to collect sales tax depending on where the buyer lives. But don’t start budgeting for the added tax costs just yet.

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Thursday, May 2, 2013 4:52 pm
By Kay Bell · Bankrate.com

What will congress do this time as we near the latest limit on U.S. borrowing? Who knows?

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Tuesday, April 30, 2013 3:04 pm
By Kay Bell · Bankrate.com

The House tax-writing committee recently held a hearing on homeownership tax breaks and how they fit into tax reform. Guess what. They’re safe!

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Thursday, April 25, 2013 2:56 pm
By Kay Bell · Bankrate.com

When it comes to identity thieves vs. the Internal Revenue Service, the crooks have the edge. For now. But the IRS says it’s prevention efforts are making a difference.

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Tuesday, April 23, 2013 11:57 am
By Kay Bell · Bankrate.com

Despite a law requiring accountability for money that federal agencies pay out, the IRS has issued as much as $13.6 billion in improperly claimed earned income tax credits.

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Thursday, April 18, 2013 1:42 pm
By Kay Bell · Bankrate.com

April 18 is Tax Freedom Day 2013, the day that one tax research group says Americans have earned enough to pay all their annual tax obligations.

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