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Most Recent Articles
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- H&r Block: Tax Changes To Affect Millions This Year
Major tax law changes and missed credits will affect millions of taxpayers this year.
There are new guidelines for claiming child-related benefits and new tax breaks for hurricane victims and charitable donors. The alternative minimum tax (AMT) is on track to snare almost 4 million taxpayers this year, and millions more will fail to claim credits for their higher education expenses. - 4 Reasons People Get Into Trouble With The Irs
You don't want to mess with the Internal Revenue Service. One small mix-up when handling your finances can cost you big.
For example, in recent years the IRS has increased its filing of levies, liens and wage garnishments. In fact, in 2004 alone, approximately 2.5 million levies were filed. - Debunking Common Myths About Iras
According to a recent "Retirement Trends" survey by Fidelity Investments, 96 percent of Americans saving for retirement don't know the current contribution limit for an individual retirement account, with some guessing as low as $1,000. The reality is that for tax year 2005, IRA contribution limits increase to $4,000 -- up from $3,000 in 2004.
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