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
Breast Implants, Pirate’s Ransom and 5 Other Weirdest Tax Write-Offs of All Time
Tax time can be very frustrating when you realize you're not going to get as big of a refund as you were expecting, or worse, you're going to have to send the IRS a check. So it's no wonder people might ask if their pet counts as a dependent (it doesn't) or if they can write off that new suit jacket (probably not).
Why Do We Even Pay Income Taxes? Here’s Your History Lesson
"Nothing can said to be certain, except death and taxes." As April 15 approaches, those famous words from Benjamin Franklin resonate stronger and stronger. Yet Franklin spoke them 100 years before the most difficult and vexing tax to most Americans -- the income tax -- even existed. So how exactly did the income tax as we know it come to be?
10 Fascinating Facts About Tax Preparation That Will Actually Blow Your Mind
Amount of income, number of deductions, total receipts, amount of times you banged your head on the table: April is the month of figures. If the amount of money in your bank account and number on your tax return are making you crazy, take a break, take a breath and distract yourself with some of these numbers from the IRS.
5 Things You Can Do This Year to Save Money on Next Year’s Taxes
It may still be early in the year, but it's not too early to start thinking about your taxes for next year. As much fun as it is to procrastinate, now is the time you can really make a difference in next year's IRS bill. If you plan ahead, you can save a bundle in 2014 using these five simple (and some not-so-simple) ways: Start a Health Savings Account If you're young or middle-aged and have conc