Every year, tens of millions of American employees receive IRS Form W-2. This tax form is deceptively simple, but it holds the key to essential facts that you’ll need in preparing your 2016 tax returns. If you haven’t already gotten your W-2, you can expect it within the next week or two, and once you…
PALO ALTO — California’s expectations for Donald Trump’s presidency are in the cellar, with little more than a third of voters believing it will be a success, a new Hoover Institution Golden State Poll shows. But a plurality of voters holds more positive than negative views about some of Trump’s more controversial positions, including his…
Tax preparers do a big chunk of America’s tax returns — more than 80 million a year, according to the IRS — but if you’re nervous about handing confidential information to someone in a largely unregulated field, you’re not alone. Here are some tips to help you find a good tax preparer and reduce the…
WASHINGTON – The Internal Revenue Service’s battle against fraud and identity theft is intensifying as the tax filing season opens, and some of the neediest taxpayers are getting caught in the middle. The agency is barred from issuing refunds before Feb. 15 on any returns claiming the Earned Income Tax Credit or the Additional Child…
MONDAY, Jan. 16, 2017 (HealthDay News) — Even as Republicans in Congress race to repeal the Affordable Care Act, the IRS is reminding millions of Americans they still need to sign up soon for health insurance if they don’t want to pay fines. The Internal Revenue Service enforces one of the most disliked parts of…
Which of the following is a scam? — You get a phone call saying you owe money to the Internal Revenue Service and should pay by way of an iTunes card. — A caller says she is an IRS official demanding immediate payment of overdue taxes, and the number on your caller ID appears to…
Ready to file your tax return? Here are 10 quick facts about the upcoming tax season that you need to know: 1. Tax season opens on January 23, 2017. Taxpayers who e-file can submit returns to their software provider or tax professional before that date, but the returns will not be accepted by IRS until…
WASHINGTON – House Speaker Paul D. Ryan said Thursday that there will not be a deportation force tasked with evicting illegal immigrants from the U.S. “That’s not happening,” he said during a televised town hall meeting. “That’s not true.” President-elect Donald Trump made immigration one of his top priorities during his campaign. He received rousing…
A lot of taxpayers who expect refunds will find themselves in a bind this year amid delays in payouts. That has prompted a jump in loans to tide over people due refunds — with the tax preparers doing the lending. Refund lending is a controversial practice. For a loan to help those waiting for refunds,…
YOUNGSTOWN, Ohio (WKBN) – Tax season is here, and this year there’s a lot of talk about whose tax refund will be delayed. The concern comes after a report earlier this week that more than 40 million low-income families may have their refund checks delayed because of ramped up efforts to stop identity theft and fraud.…
