IRS Should End Commodity Mutual-Fund Runaround, Levin Says
By NICOLE DOW – ndow@sunherald.com Officials from the US Internal Revenue Service and community partners across the country launched an outreach campaign Friday to encourage eligible taxpayers to take advantage of the Earned Income Tax Credit,
If your pay from work involves compensation through tips, then the IRS would like you to be aware of a few facts about tip income. Here are four key points to keep in mind: Tips are taxable. Tips are subject to federal income, Social Security and
See New IRS Offshore Amnesty Announced: Third Time's A Charm. What's income? Generally everything. Fortunately, damages for physical injuries (say, broken bones from an accident) are tax-free. What if you only suffer emotional injuries?
By Eileen Ambrose Tax season is officially here, with the Internal Revenue Service now accepting electronically filed returns. This is a good year for procrastinators. April 15 — the traditional due date for returns — falls on a Sunday and the
If you earned under $49078 last year, you may be eligible for a tax credit.
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