Child Tax Credit: Why Are Some Parents Having Problems?The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
Estate Of Ex-Pistons Owner Bill Davidson Sues Tax Business Over IRS ClaimThe estate in July agreed to pay the IRS $388 million to settle the $2.8 billion claim, which was made in 2013.
IRS: Actress Melissa Gilbert Failed To Pay $360,000 In TaxesThe Internal Revenue Service says former "Little House on the Prairie" star Melissa Gilbert failed to pay more than $360,000 in federal income taxes.
What Is Earned Income Tax Credit (EITC)?Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
Happy's Pizza Founder Convicted Of Multi-Million Dollar Tax CrimesA jury says the founder of Michigan-based Happy's Pizza was withholding too much dough from the IRS.
Ex-Pistons Owner's Estate In Tax Dispute With IRSThe estate of former Detroit Pistons owner Bill Davidson is challenging the government in U.S. Tax Court over billions of dollars claimed by the IRS.
Plenty Of Changes For Tax Filers This YearExperts recommend using some type of guidance to navigate forms and maximize your returns.
As The Tax Man Cometh, Tips For Getting ReadyThe IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
Does The IRS Owe You Money?