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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a new report also shows that New Yorkers pay more than 20 percent of their wireless bills in taxes and fees thanks to outdated and duplicated surcharges.

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