Income Tax

New Family Taxes

5 Tax Breaks New Parents Should Know About

Tax breaks can make raising children a little more affordable.


(Photo by Tim Boyle/Getty Images)

Experts Offer Tips On Improving Tax Returns Next Year

If you’re not happy with the way your tax returns turned out this year, there might be something you can do to improve matters next year.


IRS Tax Form 1040 (credit: Tim Boyle/Getty Images)

Conn. Official Warns Of Tax Scammers Ahead Of Filing Day

Connecticut’s Commissioner of Revenue Services Kevin Sullivan said these unscrupulous people set up shop at tax time to lure filers who are eligible for tax refunds under the Earned Income Tax Credit program.


Filling Out Forms

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.


Stephen Baldwin (credit: Rockland County District Attorney's Office)

Lawyer: Actor Stephen Baldwin To Avoid Jail In Tax Case

Baldwin, of Grandview, is accused of skipping New York taxes in 2008, 2009 and 2010. The district attorney said Baldwin owed more than $350,000 in tax and penalties.


Writing a check (credit:

What To Do If You Owe Taxes But Can’t Pay

So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?


1040 Form Images

As The Tax Man Cometh, Tips For Getting Ready

The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.


Rapper Ja Rule (file/credit: Scott Wintrow/Getty Images)

Rapper Ja Rule Moved To Brooklyn Jail Ahead Of Release

The 36-year-old rapper, whose real name is Jeffrey Atkins, left a state prison in central New York last week after serving most of his two-year sentence for illegal gun possession and went straight into federal custody in a tax evasion case.


(credit: CBS 2)

New NYS Laws To Take Effect On New Year’s Day

With the new year on the horizon, a host of new laws will also be on the books in New York State.


Stephen Baldwin (credit: Rockland County District Attorney's Office)

Stephen Baldwin Arrested On Tax Charges

Baldwin allegedly owes the state more than $350,000.


(Photo by Ethan Miller/Getty Images)

Rapper, Singer Lauryn Hill Faces Federal Tax Charges

Federal prosecutors say Hill earned more than $1.6 million during the three years that she failed to file returns. Prosecutors say her primary source of income is royalties from the recording and film industries.


President Barack Obama

Congress Has ‘Moment Of Clarity’ On Tax Legislation

Congress sent President Barack Obama sweeping, bipartisan legislation late Thursday to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years.


New Jersey Governor Chris Christie

Poll: NJ Voters Want Public Workers’ Costs Hiked

A new poll shows a majority of New Jersey voters approve of Gov. Chris Christie’s proposal requiring public workers to pay higher health care premiums.


NJ Governor Chris Christie (credit: CBS 2)

Christie: Tax Relief On The Way

Christie said he will reduce the state’s income tax within two years to help boost the economy.