Car buyers should be aware that starting April 1, 2007, the tax credit for hybrid vehicles manufactured by Toyota and Lexus will be reduced. The hybrid tax credit starts to ... Read More

Taxpayers needing assistance in preparing their tax returns or help in resolving problems with the IRS can find free assistance through publicly-funded organizations. The Volunteer Income Tax Assistance (VITA) program ... Read More

The Internal Revenue Service has certified the Saturn Aura for the hybrid tax credit. Car buyers will be eligible to claim a tax credit of $1,300 for purchasing the 2007 ... Read More

The Internal Revenue Service is seeking volunteers for the Taxpayer Advocacy Panel, a group of some 95 taxpayers who advise the IRS on customer service and administrative issues. Panel members ... Read More

An all-too-frequent situation at tax time: you go to file your taxes electronically, and the IRS rejects your tax return because someone else has already claimed your dependent. You cannot ... Read More

Flexible spending accounts (FSAs) are savings programs to help pay for medical, dental, and childcare expenses. FSAs must be set up through your employer, and you can set aside pre-tax ... Read More

Kay Bell has posted the fourteenth edition of her Carnival of Tax. This time round, Ms. Bell provides "tax information, entertainment and enlightenment" with daily tax tips until the April ... Read More

If you haven't filed your 2003 tax return, there's good news. The IRS is sitting on about $2.2 billion in tax refunds from the year 2003 for taxpayers who forgot ... Read More

Today is the deadline to file corporate income tax returns. Business owners can request an extension of time to file using Form 7004. An extension provides an extra six months ... Read More

Shelley Elmblad, About.com's Guide to Financial Software, has reviewed the ClearCheckbook personal finance program, an alternative to Intuit's Quicken or Microsoft Money. In an email, Shelley wrote that "ClearCheckbook is ... Read More

Selena Maranjian has posted some tips for IRS audits. One sure way to prevent an automatic audit of your tax return is to report all your income. "Remember that many ... Read More

PC Magazine's Kathy Yakal has reviewed four small business accounting applications, and written up a brief guide to picking an accounting program that's right for your business. According to the ... Read More

You won't find line items to claim the classroom expense deduction, tuition and fees deduction, or sales tax deduction on this year's Form 1040. But you should claim them, if ... Read More

Some people are starting to plan ahead for their 2007 taxes. Can you believe it, I am not even done for 2006! Intrepid tax souls are already digging into the ... Read More

Gina Gwozdz, a certified public accountant, is hosting the thirteenth edition of the Carnival of Tax. Gina has done a great job of highlighting tax-saving ideas from around the Web. ... Read More

A most difficult question to answer, since the price of software depends on which versions you choose, whether you need to prepare state tax returns, and whether you e-file the ... Read More