money section
Brace yourself. Despite the 2 percent reduction you got in your Social Security and Medicare taxes last year, your federal income tax refund is likely to be several hundred dollars lighter this year, all things remaining equal. The reason: The …
Even losing a job can have a silver lining: The IRS may give you a tax break on your job search expenses, as long as you look for work in your current occupation. Granted, the deduction is limited to the …
The tax filing process is a complicated nuisance for most people. If your identity is stolen, it can become a nightmare. According to the U.S. Government Accountability Office, the IRS reported 248,357 incidents of tax-related identity fraud in 2010, …
