The Internal Revenue Service has announced standard refund amounts that individuals can claim for the now-defunct federal excise tax on long-distance telephone service. The IRS said individual taxpayers will be ... Read More

The Internal Revenue Service has published a not-so-gentle reminder that non-profits, churches, and other 501(c)(3) tax-exempt organizations should avoid political campaign activities during the upcoming election year. According to the ... Read More

Bogdan from Illinois asked, "I found you on about.com while looking for some info on W-9 form, which I received from my former school district (I worked there as a ... Read More

The Internal Revenue Service extended the filing deadlines for businesses located in the Gulf Coast region. Businesses impacted by the Gulf Coast hurricanes have until October 16, 2006, to file ... Read More

I'm always on the look out for top-quality tax information for members of the clergy. Clergy face some of the most complicated tax issues imaginable. I have often handed out ... Read More

I've talked with several readers last week who want to file an Offer in Compromise with the IRS because they owe over $30,000 in tax debts. I told them they ... Read More

The IRS has reached an agreement with the Academy of Motion Picture Arts and Sciences that goody bags given to celebrities during the annual Academy Awards are considered taxable income ... Read More

President Bush has signed the Pension Protection Act into law. Gina Gwozdz, CPA, announced the signing of the HR 4, which is now Public Law 109-280. The official White House ... Read More

The IRS continues to release sales data for hybrid cars and trucks. The hybrid tax credit starts to phase out once a manufacturer sells more than 60,000 qualifying vehicles. Kay ... Read More

This time of year many taxpayers would be scrambling to file their second extensions. But if you filed an extension back in April, the IRS granted you an automatic 6-month ... Read More

The House of Reprensentatives and the Senate have both passed the Pension Protection Act of 2006 (H.R. 4, Public Law 109-280), a massive tax law aimed at strengthening pension funds ... Read More

Today's tax question comes from Greg in Thailand. He asks: "Considering that I meet all other requirements, do I have to pay income taxes in a foreign country to qualify ... Read More

Kay Bell has posted her roundup of top-notch tax blogs in her third edition of the Carnival of Tax. Bell's carnival this month seems focused on the complexity and chaos ... Read More

What if you made a mistake on your tax return? You should file an amended tax return if you need to correct your filing status, total income, tax deductions, or ... Read More

Intuit has released the Quicken 2007. As a long-time Quicken user, I was impressed by the expanded online banking features, such as being able to schedule and pay bills through ... Read More

Today's tax question comes from C. Allen in Hawaii. He asks: "Hi I live in Hawaii, I am 39 years old, and I am self employed. I have never ... Read More