It's Tax Season! What's Your First Step?
The envelopes have begun to arrive, so open them!
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The envelopes have begun to arrive, so open them!
When you employ someone to work in your home, such as a nanny or a housekeeper, you are required to pay Social Security and Medicare taxes on their wages.
Massachusetts taxpayers will ring in the new year with a tax cut — but a very small one.
It is very difficult to talk about money two days before Christmas but I am going to try.
Last June the Supreme Court ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.
Review your tax situation now so you have some idea what tax bracket you will fall into this year.
To be eligible for the long-term capital gains tax you must have held the asset for at least one year.
There are some decent tax breaks available for self-employed individuals.
The best part of paying your taxes is probably getting your refund check.
It's hard to think there's anything funny about taxes when you're under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
When you employ someone to work in your home such as a nanny or a housekeeper, you are required to pay Social Security and Medicare taxes on their wages.
It's time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
About half of Americans say they feel underpaid. Are you one of them?
Most of us keep too much of the paper that comes into our homes.
Avoid the most common tax mistakes to get a faster refund.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don't check the IRS website every five minutes — once a day is enough.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
Consider treating your family and create some memories for everyone with the refund.
Your ability to earn a living is your largest asset.
The average taxpayer's refund this year will be around $3,000 this year. This is not a windfall!
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven't started preparing your taxes yet, do it: There's no reason to wait for April 15 to roll around to get that money back from Uncle Sam.
So you've prepared your tax return and found that you owe. What should you do if you can't pay?
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
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