The IRS issued a ruling that states that if your physician determines that you are obese and then prescribes a weight loss program, the fees for the weight loss program are deductible medical expenses for tax purposes.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.
Shawn Sisco, 48, was indicted by a grand jury on 31 counts of fraud and related charges for allegedly preparing tax returns with inflated deductions.
If you’re missing some interest statements you can get the numbers by phone, but you will need the paper copies for your records, just in case you get audited.
Tax season is now officially underway and whether you’re filing your returns online or through the mail, the Internal Revenue Service says there are things to consider when hiring someone to prepare that return for you.
The last of W-2 forms will soon be in the mail, so you can start tackling your returns. But as 3 On Your Side’s Jim Donovan reports, free help for some is already available.
The Campaign for Working Families in Philadelphia says now is the time to get ready.
The new tax laws didn’t take effect until January 2nd, and IRS forms had to be changed and software updated.
A new tax season is underway and if you haven’t filed for years, it’s not too late to come clean with the IRS.
How do you know if the guy who’s working for you – your lawn service or the woman cleaning your house is your employee or your independent contractor?