The U.S. Senate on Monday passed a bill that could end tax-free shopping on the Internet for many shoppers.
Lower than anticipated revenue is to blame, according to Office of Policy and Management Secretary Benjamin Barnes.
According to the Internal Revenue Service, 50 million Americans wait until April to start their tax-filing process. Bob Meighan, a lead CPA for the American Tax and Financial Center at TurboTax and the VP of consumer advocacy for TurboTax, shared answers to common last-minute filing questions.
The village is hiring outside law firms at $200 per hour to handle the subpoena requests for documents, e-mails, and other potential evidence.
Tax officials said one New York City tax preparer pleaded guilty to filing 100 fraudulent tax returns, many of them with fictitious dependent information.
The best part of paying your taxes is probably getting your refund check.
With gun control reform accomplished, Connecticut state lawmakers now have to figure out how to deal with the over $2 billion deficit in the next two-year budget.
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.
Good-government groups slammed the New York State Legislature on Wednesday for what one senator called “vampire voting” — dead-of-night votes to revive taxes that were supposed to die — to build much of the new $135 billion budget.
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?
Mayors from around Connecticut and of both parties say they don’t want to raise property taxes, but say that if Gov. Dan Malloy’s budget goes forward, they will have no choice.
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.