Students and others often get part-time and seasonal jobs to earn extra money or to save for later. Many people don't realize that they may have to report and pay taxes on their income. When you start a job, you need to fill out a Form W-4, Employee's Withholding Certificate. Your employer uses this form to [...]
When school's out on break, what do you do with your children? If you send them to a day camp, the money you pay may qualify for a tax credit when you file your taxes. This means you might get some money back. That's because day camp expenses can be used to claim the child and [...]
The IRS Independent Office of Appeals is a separate organization within the IRS. Their mission is to resolve tax disputes fairly and impartially. They understand that dealing with a collections issue - like a lien or levy on your bank account - can be extremely stressful. You have a right to appeal most IRS decisions. If [...]
Income taxes are a pay-as-you-go system. That means you pay your taxes as you earn income during the year. Either your employer withholds tax from your pay, or you pay quarterly estimated taxes on your own. If you have income that's not subject to withholding, you may need to make quarterly payments. This includes income such [...]
Thieves are constantly working to steal people's identity and personal data so they can use it to fraudulently file tax returns and claim refund money that isn't theirs. Thieves also impersonate the IRS just to steal taxpayers' money. Here are a few things you should know so you don't fall victim to these scams: First, the [...]
