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10 Signs That You Have Improperly Filed Your Taxes

Everyone knows that filing your taxes can be a huge headache. While it can be a pain, it’s definitely not something you want to take lightly.

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Category: National News Tags:
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Filing Your Taxes at the Last Minute? Here Are Five Things You Need to Know

Remember the kids who always sat in the front of the classroom, the ones who reminded the teacher when she forgot to hand out homework? Those kids grew up into adults who get their oil changed every 3,000 miles, visit the dentist every six months like clockwork and file their taxes as soon as they can.

Then there were the back of the class kids. They’re now the reasons dentists send those “we’ve missed you” cards and cars have low oil lights. If you’re a “back of the classroom” kid, don’t worry — there’s still time to get those taxes filed. Here are a few handy tips for the procrastinators of the world.

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Category: National News, Sports Tags:
Joe Raedle, Getty Images
Joe Raedle, Getty Images
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NY State Expands Sales Tax Exemption

The pricetags might not change, but a new sales tax exemption just made it a little cheaper to update your spring wardrobe. New York State has eliminated its share of sales taxes on all clothing and footwear items priced under $110.

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Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Is Cheating on Your Taxes Okay? More Americans Say ‘Yes’ — Dollars and Sense

Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share.

An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns doubled compared to 2010.

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Category: This And That Tags: ,
Jason Merritt, Getty Images
Jason Merritt, Getty Images
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‘Jersey Shore’ Costs New Jersey Taxpayers $420,000

‘Jersey Shore’ doesn’t just rot brains — it drains tax coffers, too.

MTV’s hit reality show, which depicts the exploits of a group of raisin-tanned 20-somethings as they live and party along the New Jersey coastline, has just had $420,000 of its 2009 production costs covered by the state’s Economic Development Authority.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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How To File an Extension For Your 2010 Taxes

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

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Category: National News Tags: ,
Photo by Justin Sullivan/Getty Images
Photo by Justin Sullivan/Getty Images
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Five Forbidden Tax Deductions

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower.

Here's a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.

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Category: National News Tags:
Tax Preparation Gets Underway Ahead Of April Deadline
Photo by Tim Boyle/Getty Images
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5 Great Ways to Spend Your Tax Refund

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

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Category: This And That Tags: , ,
Photo: Justin Sullivan/Getty Images
Photo: Justin Sullivan/Getty Images
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New York Taxing Your Cell Phone At All Time High

It’s no big secret that New York has some of the highest taxes in the country. Property, sales, and income to name a few. But a new report also shows that New Yorkers pay more than 20 percent of their wireless bills in taxes and fees thanks to outdated and duplicated surcharges.

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