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Forgiven Mortgage Debt May Lead to Huge Tax Bills

The Mortgage Forgiveness Debt Relief Act is expiring at the end 2012. Find out what it could mean for you in the coming year.

by: Xin Lu | channel: Real Estate and Housing, Taxes

5 Things To Know About Year-End Bonuses

Year end bonuses can be a good way to reward and motivate your employees. Just be sure you're following state and federal tax regulations.

by: Barbara Weltman | channel: Entrepreneurship, Small Business Resource Center, Taxes

5 Estimated Tax Strategies for Business Owners

For small business owners, paying income taxes can be tough. Don't make it tougher by adding penalties you can avoid by planning and estimating well.

by: Barbara Weltman | channel: Small Business Resource Center

Do I Have to Report This Income?

Not sure whether or not you should report certain types of income? The answers might surprise you.

by: Daniel Packer | channel: Career and Income, Taxes

15 Surprising Facts About Income Tax

From the first recorded income tax to the popular teenage job that's filled with tax-evaders, prepared to be shocked, awed, and informed by these income-tax facts.

by: Paul Michael | channel: Taxes

IRS Delays Start of Tax Filing for Some Taxpayers in 2011

The IRS announced that certain taxpayers will have to wait until late February 2011 to file taxes. Read on to see if you are affected by this delay.

by: Xin Lu | channel: Financial News, Taxes

Save on Last Year's Taxes Right Now

You can still save on last year's taxes right now, if you still haven't filed your income tax return yet.

by: Julie Rains | channel: Taxes

20 amazing, outrageous and just plain weird tax deductions

Well, it's that time again. The tax deadline is just around the corner. If you still haven't done your return, take a look at the top 20 funky, strange and outrageous deductions

by: Paul Michael | channel: Career and Income, Taxes