New E-mail Scam Targeting Taxpayers
Thursday May 31, 2007
There's a new phishing scam circulating via email. The email purports to be sent by the Internal Revenue Service, and states that the email recipient is under criminal investigation for ... Read More
Military Personnel Have Extra Time to Fund an IRA
Tuesday May 29, 2007
Military personnel serving in combat zones have extra time to file their tax returns and to contribute to an individual retirement account. Eva Rosenberg, an enrolled agent and creator of ... Read More
"IRS not doing enough" to fight terrorism
Sunday May 27, 2007
America's tax agency needs to do a better job of identifying sham non-profits that funnel money to terrorist organizations. At least that's the conclusion of an audit report published by ... Read More
"Getting to Know" Kay Bell
Saturday May 26, 2007
My favorite tax journalist, the intrepid Kay Bell of Don't Mess With Taxes fame, has been profiled by taxgirl.
I really enjoy Kay's posts at DMWT, and so it's fun to ... Read More
Hybrid Tax Credit Does Not Reduce AMT
Wednesday May 23, 2007
The hybrid credit can significantly lower your federal income taxes, but the credit is subject to a number of limitations. Most importantly, the hybrid credit will not reduce a taxpayer's ... Read More
Taxes When Selling a House
Friday May 18, 2007
Generally, taxpayers can exclude up to $250,000 in capital gains when selling their primary residence. (The exclusion is $500,000 if you are married and filing a joint return.) But not ... Read More
Thinking of Starting a Non-Profit Tax Service?
Friday May 18, 2007
The Internal Revenue Service is providing matching grants of up to $100,000 to non-profit organizations providing tax services to low income clients. Organizations can apply for grants to operate clinics ... Read More
IRS E-File Sets Record
Tuesday May 15, 2007
Taxpayers are filing their returns electronically more than ever. Just over 76.7 million individuals filed their federal tax returns electronically as of May 4, 2007, according to the latest filing ... Read More
Basic Planning Strategies for Retirees
Monday May 7, 2007
A little planning ahead can go a long way to keeping your taxes as low as possible in retirement. In order to plan ahead properly, you'll need to understand how ... Read More
Deadline to File Non-Profit Tax Returns Fast Approaching
Monday May 7, 2007
May 15th is the deadline for tax-exempt organizations to file their information and tax returns with the Internal Revenue Service. Tax-exempt organizations cover a wide range of public charities, private ... Read More
Getting out of Tax Debt
Saturday May 5, 2007
There are five ways to get out of tax debt, including setting up payment plans or asking for deferrments due to financial hardship. Learn what your options are for reducing ... Read More
Hybrid Tax Credit Updates
Saturday May 5, 2007
The Internal Revenue Service issued two updates regarding the hybrid tax credit. General Motors hybrids still qualify for full credit amount. The hybrid credit starts to be reduced once a ... Read More
Saving for Retirement
Tuesday May 1, 2007
Last week, I asked readers of my newsletter for suggestions on expanding the topics I cover here on taxes.about.com. An overwhelming 75% of the people who responded wanted to know ... Read More

