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, December 13, 2012 4:11 pm
By Kay Bell · Bankrate.com

Congressional inaction means 60 million taxpayers might have to deal with the complicated alternative minimum tax when they file their 2012 returns.

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Tuesday, December 11, 2012 2:16 pm
By Kay Bell · Bankrate.com

Safeguard your personal information this holiday shopping season. It could be used at tax time to file a fake return and steal your refund.

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Thursday, December 6, 2012 5:55 pm
By Kay Bell · Bankrate.com

If you use your auto for business, medical purposes or moving, you might be able to deduct miles traveled. In 2013, the amount rises.

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Tuesday, December 4, 2012 1:29 pm
By Kay Bell · Bankrate.com

It hasn’t been a good time of late for the troubled actress. Nightclub incidents, bad movie reviews and now IRS tax liens and account seizures.

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Thursday, November 29, 2012 4:16 pm
By Kay Bell · Bankrate.com

Owners of the two winning Powerball tickets will split the record $587.5 million jackpot. Federal and state tax collectors will get some of the winnings, too.

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Tuesday, November 27, 2012 3:28 pm
By Kay Bell · Bankrate.com

Democrats and Republicans agree that tax hikes will hurt. But a new report says increasing taxes on the middle class would hurt the economy more.

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Thursday, November 22, 2012 6:05 am
By Kay Bell · Bankrate.com

Most Americans fear that the fiscal cliff will have a major effect on the U.S. economy.

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Monday, November 19, 2012 1:37 pm
By Kay Bell · Bankrate.com

Worker misclassification can lead to tax and labor law violations and cost wrongly categorized workers tax money and benefits.

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Thursday, November 15, 2012 4:01 pm
By Kay Bell · Bankrate.com

Occupy Wall Street’s wants to help folks swamped by debt. But is the group’s erasing of what’s owed taxable forgiven debt income or merely a tax-free gift?

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Tuesday, November 13, 2012 1:14 pm
By Kay Bell · Bankrate.com

Con artists are creating fake charities for Superstorm Sandy victims to steal donations or donors’ identities.

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