Taxes

Turn Lost Property Into a Big Tax Break

When you file your taxes, remember you can claim a deduction for disaster damage to homes, cars and other property. Here are three details to know. More 

5 Tax Deductions You Forgot to Look For

Check out these five commonly overlooked deductions that may be worth noting as you prepare your 2012 taxes. More 

Why E-tailers Aren’t Sweating Internet Sales Tax Legislation

An Internet sales tax surely wouldn't help Amazon and other e-tailers, but its potential negative consequences are being overblown. More 

Man Quits Job Over ’666′ on W-2 Form

A maintenance worker at Tennessee's Contech Casting quit his job after discovering the devil-associated number 666 on his tax reporting form. More 

5 Red Flags Auditors Will Look For in Your 2012 Tax Return

Most Americans think their chance of an audit is slim, and that’s not altogether untrue. Still, the IRS watches these five items on your return like a hawk. More 

Super Bowl MVP to Owe Huge Tax Bill on Gift

Joe Flacco, the NFL Ravens' quarterback, who was awarded a 2014 Corvette Stingray as the Super Bowl's MVP could owe the IRS more than $25,000 on the car. More 

Ready, Set, Go! IRS Begins Accepting Tax Returns Today

Today is the first day that taxpayers in the U.S. can file their basic 1040 tax returns electronically. More