Internal Revenue Service
Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
The Internal Revenue Service is warning taxpayers to watch out for fake emails or websites looking to steal your personal information.
Families earning $53,000 or less and individuals earning $20,000 or less will qualify for the free tax prep service at one of 30 sites in Philadelphia and South Jersey.
The income tax filing date is less than two weeks away, and for some it’s time to make a choice.
If you’ve been on the boardwalk in Ocean City, NJ, chances are you’ve sampled their fare at Manco & Manco Pizza.
By Jim Donovan: The New Jersey Division of Consumer Affairs today warned consumers about a scam in which New Jerseyans received phone calls from con artists claiming to be representatives of the U.S. Internal Revenue […]
Want to file your federal tax return right away so you can get a quick turnaround on that refund check? Sorry, the IRS says.
If you’re hoping to get a tax deduction on your 2013 income taxes, today is the last day to make that donation.
By Jim Donovan: The U.S. Department of the Treasury and the IRS are modifying the longstanding “use-or-lose” rule for health flexible spending arrangements (FSAs). To make health FSAs more consumer-friendly and provide added flexibility, employers […]
Federal prosecutors in New Jersey have charged two people in Delaware with operating a phony tax return business aimed at prison inmates, with the US Treasury the victim.
By Jim Donovan: Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes. Here are several tips from the IRS for […]
By Jim Donovan: The deadline to file your federal taxes is soon approaching. If you’ve experienced a loss as a result of Hurricane Sandy, here are a few things to keep in mind as you […]
Keith Fogg, who served more than 30 years in the office of the IRS’ chief counsel, says word that the government has placed liens against the transfer of properties to a family member and a female companion is a bit surprising only in how long it took.
By Jim Donovan: The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging […]