Taxes

 Tax Refunds Up and More Americans Filing on Home Computers

April 16, 2014 

Tax Refunds Up and More Americans Filing on Home Computers

Even with the 10-day delay to this year's income tax filing season, the IRS has issued more in tax refunds compared to this point last year and more U.S. taxpayers used their home computers to file their returns, according to a report published today by the Treasury Inspector General for Tax Administration (TIGTA), which oversees…

Isaac M. O'Bannon

 Treasury Dept. Reports to Congress on International Currency Manipulation

April 16, 2014 

Treasury Dept. Reports to Congress on International Currency Manipulation

The U.S. Treasury Department has released its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies, which addresses international economic and foreign exchange developments over the course of the second half of 2013, along with relevant data through end-March 2014.

us-income-tax-forms1_10849617

April 15, 2014 

April 15 – Failing to File Taxes Can be Painful

By law, the IRS can assess penalties to taxpayers for failing to file a tax return and for failing to pay taxes. But the failure-to-file penalty is generally higher than the failure-to-pay penalty.

374e6dd99698696b73e6b21c28b73b521

April 15, 2014 

Is the IRS Doing Enough to Combat Identity Theft?

But with income tax refund identity theft rapidly becoming a scourge, is the less than 300 cases for 2014 keeping up or even putting a dent in the epidemic? After all, in 2013 alone, there were 33,000 claims of identity theft just in Florida, one of the hardest hit states because of the abundance of…

Isaac M. O'Bannon

 More Americans are Saving Income Tax Refunds

April 14, 2014 

More Americans are Saving Income Tax Refunds

April 15 is a day away and for the millions of American taxpayers who expect or have already filed and received a refund there's some surprising news. More than two thirds have decided to save their refund.

 Putting An End To Identity Theft

April 14, 2014 

Putting An End To Identity Theft

Russia has invaded the Ukraine; North Korea is firing on the South; Iran is about to develop nuclear weapons; terrorism is on the rise again; and the single most important thing to be afraid of is…

Dave McClure