All posts in Taxes

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Bucking regulators, tax preparers offer refund loans

  (MoneyWatch) – Federal regulators have been trying for years to stop tax-preparers from offering short-term, high-cost loans that are repaid with the borrower’s tax refund. But while only a few tax preparers are offering these so-called refund anticipation loans, …

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Your chance of being audited is greater than you think

Chance of being audited is greater than you think

What's your chance of being audited? If you've read IRS statistics, you might think the chance is minuscule -- about one in 100. Dive deeper into the agency's

Mitt Romney's return illustrates what's wrong with the tax code

Lessons from Mitt Romney’s 203-page tax return

I just finished reading through all 203 pages of Mitt Romney’s tax return. But it took less than 50 pages to realize that the return illustrates everything that’s

2007

Tax Credits and Tips for Job Seekers

Unemployed and under-employed veterans had plenty of reasons to celebrate this Veterans Day. President Obama's jobs plan, which would give significant tax breaks to companies that hire unemployed veterans,

How government wastes your money

10 Most Outrageous Ways Government Wastes Your Money

Why are Americans averse to tax hikes? Besides the obvious reluctance to pay more, there's Senator Tom Coburn's "Waste Book," a compendium of 100 idiotic ways the federal

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Top 25 Corporate Tax Dodgers

Twenty-five of the nation’s highest-paid chief executive officers took home more pay than their companies shelled out in corporate income taxes last year even though their companies earned

Are Law Makers Tax Law Breakers?

Congressional ethics investigators are interviewing at least a half-dozen legislative leaders who have pocketed travel allowances. The investigation will determine if this constitutes a violation of ethical guidelines.

Higher Taxes for the Mass Affluent

A multitude of recent law changes aim to raise the taxes on those who qualify as “affluent.” Head over to Moneywatch to find out how to head off

Tax Tips for the New Jobless

Job-related expenses for laid-off employees are severely limited by tax thresholds. However if you reimagine yourself as a consultant, you can get some valuable write-offs. Find out how

IRS Policies Protect 1.2 Million Identity Thieves

IRS policies allow some 1.2 million identity thieves to file tax returns and claim refunds each year. Since the agency has no systematic way to warn victims that

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