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.
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.
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.
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?