taxes

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

It's hard to believe it's already the middle of tax season. 2013 is off to a fast clip, and unfortunately this means that Tax Day is right around the corner. You could bury your head in the sand until you hit April 14 panic mode, or this year you could give yourself a burst of energy and self-confidence knowing that you met your taxes head-on. Here are money savers to get you started:

Online shoppers often cite the convenience of purchasing items from web retailers like Amazon, but another perk to cyber shopping is that buyers often don’t have to pay sales tax. Thanks to a congressional bill, though, that could soon change.

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.

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 m

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.

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.

‘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.

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

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.

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.

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.