The US Treasury Department has revised Form 90.22-1, the form used to report foreign bank accounts owned or controlled by US citizens. There's some substantial revisions to this form, and ... Read More

The hybrid tax credit for Ford Escape, Ford Fusion, Mercury Mariner and Mercury Milan have entered their phase out period. The IRS announced the credit amounts for Ford and Mercury ... Read More

For many, the madness of filing our annual tax returns is over. Even after April 15th, there's some basic tasks we can take to make things easier for next year. First, ... Read More

Filing your tax return after the April 15th deadline might not be a huge deal breaker. The important thing is to file a tax return and to pay, if you ... Read More

You can still file your tax returns, send a payment, or submit an extension on the Web. In about ten minutes or less, you can file your extension online. If you ... Read More

The Internal Revenue Service has lots of different addresses for different types of documents being mailed. Here's links to IRS pages on the IRS Web site with the relevant mailing ... Read More

I've been a lot of filing extensions over the past few days. An extension gives you an extra six months to finish up your tax return. It also gives self-employed ... Read More

Wanting to know exactly where our tax dollars are going is not an unreasonable question to ask. Especially as I'm sitting here getting ready to write a check to the ... Read More

Looking for a way to pay your federal taxes online? The Treasury runs an online bill pay service called Electronic Federal Tax Payment System (EFTPS). This secure Web site allows ... Read More

After finishing up your tax return, it's a smart idea to do a little planning ahead for next year. Your income or deductions may be changing, and you may want ... Read More