Income Taxes

February 3, 2015 

The U.S. Social Security Administration has announced that new online services include the ability to quickly and easily get a replacement form SSA-1099 within minutes.

February 3, 2015 

The Internal Revenue Service is targeting abusive tax shelters and structures it says some Americans use to avoid paying taxes. The agency says the problem has been a lingering issue, and so it has been added to the annual list of tax scams known as the “

February 2, 2015 

Hiding taxable income by filing false Form 1099s or other fake documents is a scam that taxpayers should always avoid and guard against, according to the Internal Revenue Service. This scheme is one of those on the annual “Dirty Dozen” list of tax scams f

January 29, 2015 

It’s very rare in the tax world when you can “get something for nothing.” But that’s essentially what happens when a real estate owner donates a qualified conservation easement to charity. In essence, the property owner is merely agreeing to keep the land

January 28, 2015 

Avoiding taxes by hiding money or assets in unreported offshore accounts remains on the annual Internal Revenue Service list of tax scams known as the “Dirty Dozen” for the 2015 filing season.

January 27, 2015 

The Internal Revenue Service is once again warning taxpayers to be on the lookout for unscrupulous income tax return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season.

January 26, 2015 

It’s not quite “lights out” yet for the residential energy credit. This tax break for homeowners, which has expired and been renewed numerous times in the past –sometimes with modifications -- was extended once again by the Tax Increase Prevention Act of

January 26, 2015 

Unless you’ve been way out of touch, you probably know that a key part of the Affordable Care Act (ACA), aka Obamacare, requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption, or pay a penalty.

January 24, 2015 

The research credit is like the cat with nine lives…except it’s more. This credit, which technically expired after 2013, was just reinstated by the Tax Increase Prevention Act (TIPA) retroactive to January 1, 2014. By last count, it’s the 16th time ...

January 23, 2015 

Gambling losses aren’t completely tax-deductible on their own, but you can write off losses up to the amount of your winnings. Those winnings are taxed at ordinary income rates reaching as high as 39.6% on the federal level.

January 22, 2015 

Aggressive and threatening phone calls by criminals impersonating IRS agents remain near the top of the annual "Dirty Dozen" list of tax scams for the 2015 filing season.

January 21, 2015 

Printable IRS Form 2848 - Power of Attorney and Delcaration of Representative