Articles on Taxes

What If I Skip My Taxes This Year?

What if you just don't do your taxes? What really happens to the people who ignore the whole thing and say, the heck with all of this, I'm skipping tax season?

Surprising Charitable Tax Deductions

If you're generous, make sure you get all the tax breaks coming to you. From car mileage to meals, you might be surprised by what you can deduct.

3 Reasons to Hire a Tax Professional (Even If You Don't Mind the Work)

Even if you like doing your own taxes, there are still good reasons to go to a professional. Learn how an accountant can save you both money and stress.

Surprise! 5 Reasons You Might Not Get Your Tax Refund

Before you budget in a tax refund, make sure you don't fall into one of these categories.

3 Tax Deductions You Can Never Take

Every tax season, people ask me about the same mythical deductions. Take a look at these three common points of confusion before filing this spring.

Proof That IRS Agents Are Human

Busy parents Charles and Erica asked for a little forgiveness from the IRS... and got it.

Best Money Tips: 57 Avoidable Tax Mistakes

Today we found some awesome articles on avoidable tax mistakes, building a credit score from scratch, and how to accomplish your financial resolutions.

5 Myths about Deducting T&E Expenses

Don't let these five common tax and entertainment expense myths trip you up at tax time.

18 Year End Financial Must Dos

The window of opportunity is closing rapidly for many key financial moves. Act soon, or you may miss out on substantial tax savings and more.

Tax and Financial Concerns for Cohabitating Co-Owners

Couples planning to intermingle their marriage contracts with their business contracts should not overlook the tax and financial implications of the union of their unions.

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.

Decoding The New Tax Rules For Merchants

Prelude to a national sales tax? Maybe not, but new IRS rules mean credit card companies and online payment processors now must report the transactions they manage.

Tax Law Changes For 2012: What You Need To Know

Here's a look at tax law changes you can expect for 2012 and how to plan ahead to take advantage of those changes now.

Timely Tax Tips for Small Business Owners

Is it tax time again already? Three experts share tips and advice about getting through tax season unscathed.

Tax Deductions: The Bright Side Of Failure

Failure can be a stern teacher. Failure can also be a tidy tax write-off.

When Do You Compensate Employees For Travel And Commute Time?

You probably know that you're supposed to pay your hourly employees for travel time. What about their commuting time?

Cell Phones as Tax-Free Fringe Benefits

Due to changes in tax law, employers can now offer employees cell phones as a tax free benefit.

Settle Your Worker Classification Problems with No Penalties

If you fear the IRS may decide your independent contractors are really your employees, now is the time to take advantage of a special worker classification amnesty program.

Tax Penalties for Early Retirement Withdrawals

Taking money from a retirement fund early is tempting, but it comes with heavy consequences. Discover alternatives to cashing out that 401(k).

To Shred or Not to Shred: How Long to Keep Your Tax Records

When it comes to your tax records, it can pay to be a hoarder. But how long is too long to hold on to "important" papers?