IRS Tax Support

The Federal Reserve is taking steps to crack down on “unfair and deceptive” credit card industry practices that have added to the financial woes of millions of people trying to cope with the economic downturn.
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The Fed on Friday gave approval to proposed rules that would target credit card companies […]

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It’s hard to beat the thrill of a windfall. So far this year, more than 50 million of us have felt the rush, courtesy of the IRS. As of late March, Uncle Sam had mailed nearly $128 billion to taxpayers, which amounts to an average refund of $2,548 (not including rebate checks, which won’t begin […]

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The government began depositing tax rebate checks in thousands of bank accounts on Monday as the stimulus program aimed at giving the ailing economy a jump-start got under way early.
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The Internal Revenue Service started making the direct deposits on Monday with the goal of completing 800,000 payments each day […]

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Don’t overpay taxes on income that’s protected by the U.S. tax code. Here are the major categories to watch, including five types of raises that don’t add a dime to your taxable income. 
Want to keep the tax man away from your money? It’s easier than you think. There are lots of ways to increase your […]

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Although the alternative minimum tax (AMT) was intended to apply to high-income taxpayers who take advantage of loopholes (called “tax preferences” in professional lingo), it can also apply to middle-income taxpayers who haven’t planned their taxes thoroughly enough. In fact, the AMT is hitting more and more taxpayers each year, and without annual patches, it […]

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