Oh, Canada! In case you haven’t heard, Canada is going after tax cheats in a very unique way using the Internet. If the effort is successful, one has to wonder how long it will be before the IRS follows suit. The Canada Revenue Agency is the equivale...

It is rather ironic that we spend billions of dollars on other countries, but paltry sums on our own education system. Still, the federal government is offering a few tax incentives this year. Our education system is a bit of a mess. There is a lot of...

As April 15th draws every closer, it is time to start thinking about how you are going to reduce your tax bill. Here are a couple of ways most people miss out. Every year, the IRS tries to alert people to new deductions and credits available to taxpay...

As the internet grows as a business medium, identity theft is becoming a bigger problem by the week. Most people, however, don’t realize it can cause you problems with the IRS. As the name suggests, identity theft is the swiping of your identity for ...

Hard as it is to believe, employees at the IRS are humans just like you and me. This means they make mistakes and you need to let them know when this occurs. The IRS has a computer system that is legendary. The legend is all about what a nightmare it ...

Like Pavlov’s dogs, we all habitually collect the mail each day. Ah, but what if you get a notice letter from the IRS contesting the math on your tax return? Ask most people what they fear and an IRS audit is usually somewhere on the list. The storie...

If there is one tax that drives people nuts, it is the alternative minimum tax. Ironically, it may be the one piece of the tax code that forces a complete re-writing of the tax code. The alternative minimum tax was created in 1969. The goal of the tax...

2006 may have been a momentous year for those of you involved in relationships. If you married or divorced during the year, your tax situation changed whether you know it or not. Relationships and love are two of those great mysteries in life. If you f...

Nothing is more complex and difficult for politicians to deal with in this country than health care. Well, President Bush is about to enter the fray with a new proposal. There are many controversial subjects in our country. From abortion to the death ...

We are a migratory society. When we move, each of us goes about the joyous task of trying to get our mail forwarded to our new address. Ah, but what about your taxes? Moving is more or less the definition of misery. At least in my opinion. Simply put, ...

It happens every year. Just when you get motivated to get rolling on your taxes, you realize you can’t find the return you filed last year. Aaaarrrrggg! First off, don’t panic if you can’t find the return. Yes, you need it to know what you claim...

When you are ready to plop down and start preparing that tax return, one of the first questions is your filing status. Here is an explanation of your choices. Tax forms from the IRS can be incredibly confusing to people who are not versed in the tax c...

If you get behind on your taxes, it can literally ruin your life. You live in fear of the IRS swooping in and taking everything. A recent internal report, however, reveals some interesting things about the IRS. Interesting Insider Information on the IR...

Most Americans hate preparing and filing their taxes. To take the sting off of doing them, the IRS free file program enters its third year. You hate doing your taxes and so do I. The only thing that is worse is having to pay for an accountant or tax p...

The dawning of a new year is also the dawning of the beginning of the tax season. One of the first things you need to deal with are 1099 forms. 1099 forms are IRS documents. They are known as information tax returns. You do not have to pay any money w...