We’re used to meeting deadlines. You may feel guilty when you get that automatic reprieve. Don’t. There’s no shame in an extension. Millions are processed every year. Everyone with an
IRS YouTube Videos: Haven’t Filed a Tax Return in Years?: English | Spanish | ASL WASHINGTON — Refunds totaling just over $917 million may be waiting for an estimated 984,400
It’s a good idea to have all your tax documents together before preparing your 2012 tax return. You will need your W-2, Wage and Tax Statement, which employers should send
If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who had
Many members of the military are able to get their tax returns prepared for free on or off most military bases including overseas locations. The U.S. Armed Forces participates in
Many of us need information when preparing our federal income tax returns, like which form to use or how to claim a credit. The IRS offers free information and services
Saving for your retirement can make you eligible for a tax credit worth up to $2,000. If you contribute to an employer-sponsored retirement plan, such as a 401(k) or to
The term “capital asset” for tax purposes applies to almost everything you own and use for personal or investment purposes. A capital gain or loss occurs when you sell a