Taxes - Yahoo Finance

  • IRS can help you look after the kids

    During school vacations, many parents turn to these supervised programs to provide child care while they work. Overnight camps don't count, but the Internal Revenue Service says day camp expenses do qualify for this popular credit. Regardless of whether you paid for after-class child care during…
  • Tax Moves to Make Before the End of Summer

    Because tax increases are likely at some point in the future, tax experts recommend saving any big deductions until next year, if possible. Similarly, if you're flexible about when you receive income, you might want to get as much in the bank before December 31 so it counts as income in 2014,…

    U.S.News & World Report LP
  • Warren Buffett Reveals How $40 Becomes Millions

    Discover the dead-simple Warren Buffett strategy that could lead to life changing investing profits.

    AdChoicesThe Motley FoolSponsored
  • Ex says he has no records on nondeductible IRA

    My ex-husband made nondeductible IRA contributions (he's covered by a pension at work; I do not have the tax returns for all those years to prove it. I would hate to pay taxes on the entire amount of the distribution since I know for sure his IRA was funded with after-tax dollars and not deducted…
  • Wellington Councilman John Greene didn’t file taxes for 2 or more years

    Wellington Vice Mayor John Greene failed to file federal income tax returns for at least two years and possibly three, according to court documents from his divorce — a problem that a tax expert and the county’s top watchdog called questionable at best.

    Palm Beach Post
  • Homestead to keep property tax rate the same for upcoming fiscal year

    The Homestead council has opted to keep the property tax rate at this year’s level, voting 4-0 for a rate of 5.92 per $1,000 of taxable property value.

  • North Port couple sentenced in $2.5 million tax fraud

    James Dee Jaeger, 62, and Lora Anne Jaeger, 50, were each sentenced to 18 months in federal prison.

    Sarasota Herald Tribune
  • Mortgage Interest Rate Deduction: Do We Really Need It?

    The argument over the success of the home mortgage interest deduction isn't as black and white as it might seem.

    Fox Business
  • Watch out for IRS impersonation scams

    Tax season may be long over, but tax-related scams aren't. At least three states recently warned about scammers posing as IRS agents demanding payment of overdue taxes. “These scammers have becom...

    Consumer Reports
  • American Express Cards

    Earn Cash Back, Travel, or Points. Find the Card That's Right For You!

    AdChoicesAmerican ExpressSponsored
  • Tax planning: Tapping Mom's nest egg to help with Alzheimer's care

    If you have never used a CPA before, you could ask for referrals from family, friends and even the stockbroker who handles your mother's stocks, if that is the case. Search at the website of the American Institute of Certified Public Accountants for a CPA Personal Financial Specialist. You will…
  • How to figure tax on sale of rental property

    Please let me know whether I would have to pay capital gains tax on the rental property and how much (or the percentage). The capital gain rate is 20 percent, but to the extent you claimed depreciation on this rental property, some of your profits may be taxed at ordinary income tax rates. Your…
  • Claudia Buck: Identity thieves exploit changes in federal law to file phony tax returns

    Something was odd when the IRS letter arrived in the mail.

  • The Losers of the Mortgage Interest Deduction

    The mortgage interest deduction is a major incentive to home ownership--but it's also inherently unfair.

    Fox Business
  • What's the difference between IRS Forms 1040EZ and 1040A?

    Two of the forms used for filing individual federal income tax returns are IRS Form 1040A and IRS Form 1040EZ (the third is IRS Form 1040, the most complex of the three). Anyone can file Form 1040; however, ...

  • 4 Mid-Year Tax Tips That Could Save You Big Bucks

    Americans tend to scramble at the end of the year, or in the worst case, at the beginning of April, to prepare their taxes, find charity donation receipts or open retirement accounts; While it’s anything but fun to spend a July Sunday compiling receipts and shifting investments, it will help you…

    The Fiscal Times
  • Did You Know Every New Car Has a Secret Price?

    In the market for a new car? Don't pay MSRP. Save yourself both time and money. Find a great low price for your new car before you buy.

  • 10 Places With the Best Property Tax Value

    If you're looking to move, property tax can make a big difference in what you'll pay. And some counties seem to get much more for taxpayers' money.
  • Retirees, Get a Jump-Start on Your 2014 Tax Bill

    By getting a head start on your 2014 tax planning, you're likely to find many strategies to shave your payments to Uncle Sam.

  • I repaid old debt and IRS thought it was a refund

    Then it was reclassified as a "tax refund." Before the payment was sent back to me, the system did a check and the Bureau of Financial Management Services found another account for non-tax debt, so the payment was offset and sent to this account. I understand that "if you have unpaid debts, such…
  • How do my taxes change now that son is working?

    As such, I claimed head of household and claimed him as a dependent because he had no income. If you don't want to owe the IRS when you file your 2014 tax return, you will need to estimate the amount of your 2014 tax liability and then determine whether you need to adjust your tax withholding on…
  • What to Do After Your 401(k) and IRA Are Maxed Out

    Investing in a taxable account is the next logical step, but you need to do so in a way that minimizes your tax liability. Here are three tax-efficient investment options for after you've filled up your retirement accounts: This option is available for those with high-deductible health insurance…

    U.S.News & World Report LP
  • 6 Rules To Asset Location

    Though my current portfolio started about three years ago in February 2011, my investing journey started long before that. I have always looked after the family's finances. This makes sense for a stay-at-home ...

    Seeking Alpha
  • Ditch Your Old CPAP for an Auto-titrating CPAP

    Is your CPAP machine noisy? If your CPAP is three years or older it's time for you to consider a lighter, quieter auto-titrating CPAP machine.

    AdChoicesEasy BreatheSponsored