All Entries in the "Taxes" Category
Signs You May be a Victim of Tax-Related Fraud
Let’s face it. No one likes finding out that they owe money in taxes. But for some Americans, tax payments will be the least of their worries this year when they learn that someone else has already filed taxes in their name. Typically driven by the desire to obtain a fraudulent refund or the need [...]
Your Tax Dollars at Work: $42 Million Just to Mail Out Tax Rebate Reminder Letters
It doesn’t matter where you fall on the political spectrum, but you probably understand that government spending can be incredibly wasteful. There isn’t a better example than this mailing about to go out from the IRS just to inform people that they might be getting a rebate check later this year. That’s right, the IRS [...]
Dealing With the Alternative Minimum Tax (AMT)
When it comes to taxes, there is a three-letter abbreviation that is even more vile than IRS, and that is AMT. AMT stands for the Alternative Minimum Tax, and while it doesn’t sound too harmful, you really don’t want to pay it. The AMT was enacted by Congress in 1969 as a way to ensure [...]
Do You Itemize Tax Deductions? You Might be Able to Deduct Some of Your Vehicle Registration Fees
Do you get irritated at how much it can cost to register your vehicle(s) each year? The good news is that you may be able to get some of that money back in the form of a tax deduction. That’s right, if you itemize your deductions on Schedule A, and your registration fee is based [...]
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