Taxes Blog

Tuesday, March 27, 2012 4:12 pm
By Kay Bell · Bankrate.com

Tax day 2012 is fast approaching. If you haven’t filed your tax return yet, chances are you owe the IRS.

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Thursday, March 22, 2012 3:03 pm
By Kay Bell · Bankrate.com

One of the worst tax surprises is that canceled debt generally is taxable.

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Tuesday, March 20, 2012 5:28 pm
By Kay Bell · Bankrate.com

The latest shot in the federal budget battle has been fired. House Republicans have released their fiscal year 2013 budget plan. Republican budget wunderkind Paul Ryan, the Wisconsin representative who chairs the House Budget Committee, wants to collapse the current six tax brackets that range from 10 percent to 35 percent to just two, 10

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Tags: tax, Taxes
Thursday, March 15, 2012 1:48 pm
By Kay Bell · Bankrate.com

I’m not a parent, so that means I have lots of opinions about how other people raise their kids. That’s why I was riveted by a segment on the “Today” show Thursday where a financial expert offered advice on dealing with adult children who’ve moved back home. Supportive families are the first place most people

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Tags: tax, Taxes
Tuesday, March 13, 2012 5:24 pm
By Kay Bell · Bankrate.com

You’re getting ready to file your taxes and you discover that you didn’t get a 1099-MISC form for one of your jobs. You called the company and the guy in finance said since you didn’t earn at least $600 for the project, the company doesn’t have to issue the tax statement. Woo-hoo, you think, there’s

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Tags: tax, Taxes
Thursday, March 8, 2012 12:48 pm
By Kay Bell · Bankrate.com

According to all sorts of data, the economy is picking up. But sometimes those figures are slow to trickle down …

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Tags: tax, Taxes
Tuesday, March 6, 2012 3:28 pm
By Kay Bell · Bankrate.com

Voters in 10 states are headed to the polls on this Super Tuesday to help pick the Republican presidential nominee. Wins by Mitt Romney could speed along the GOP selection process, but don’t expect the two biggest thorns in his side, Newt Gingrich and Rick Santorum, to go away even if they don’t make up

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Tags: tax, Taxes
Thursday, March 1, 2012 1:20 pm
By Kay Bell · Bankrate.com

Excuse me, Kanye, I’m going to let you get back to your charitable work if you wish, but first I’d like to use your now-defunct foundation as a philanthropic cautionary tale. Although the Kanye West Foundation closed its doors last year, the online news outlet The Daily recently examined the organization’s previous tax filings. What

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Tags: tax, Taxes
Wednesday, February 29, 2012 5:40 pm
By Greg McBride, CFA · Bankrate.com

On Tuesday, I joined Oliver Pursche on the Money Matters Financial Network to talk about a key question on many Americans’ minds these days: What should I do with my tax refund? Here’s a condensed version of our conversation, in both written and spoken form. Greg: There are some important steps you can take to

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Tuesday, February 28, 2012 1:41 pm
By Kay Bell · Bankrate.com

Maybe that old saying that there are three kinds of lies: “lies, damned lies and statistics” should be rewritten to include “polls.” Two recent public opinion surveys reveal conflicting points of view on proposed taxes. An Associated Press-GfK Group poll released last week found that 65 percent of U.S. adults support President Barack Obama’s proposed

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Tags: tax, Taxes
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