What to Know about Late Filing and Late Paying Penalties
April 15 was the tax day deadline for most people. If you are due a refund there is no penalty if you file a late tax return. But if you…
Read moreApril 15 was the tax day deadline for most people. If you are due a refund there is no penalty if you file a late tax return. But if you…
Read moreThe April 15 tax deadline is coming up. If you need more time to file your taxes, you can get an automatic six month extension from the IRS. Here are…
Read moreMake the Right IRA Contribution Eligible taxpayers have until April 15 to contribute to either a Roth or traditional individual retirement arrangement (IRA) for 2014. A six percent excise tax…
Read moreWASHINGTON — With the April 15 deadline fast approaching, the Internal Revenue Service today offered taxpayers still working on their 2014 taxes a number of tips designed to help them…
Read moreIf you contribute to a retirement plan, like a 401(k) or an IRA, you may be able to claim the Saver’s Credit. This credit can help you save for retirement…
Read moreIf you owe federal tax, the IRS offers many convenient ways to pay. Make sure you pay by the April 15 deadline, even if you get an extension of time…
Read moreTax identity theft is the theme of the week, but it’s not the only tax scam we’re talking about. Complaints to the FTC about IRS imposter scams have shot up…
Read moreHere’s a scam with an FTC angle. The letter has an official-looking FTC seal and is signed by “FTC Director” Jessica Rich. It says someone at the FTC will help…
Read moreBartering is the trading of one product or service for another. Often there is no exchange of cash. Some businesses barter to get products or services they need. For example,…
Read moreDid you contribute to an Individual Retirement Arrangement last year? Are you thinking about contributing to your IRA now? If so, you may have questions about IRAs and your taxes.…
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