Like many federal refunds, some state refunds will be delayed this year. Here's a look at what various states are doing.read more
How many times have you looked at the American income tax process and thought, “Well, heck, I could come up with something better than that!”
Now’s your chance.
The IRS has kicked off what it calls the “Tax Design Challenge,” to come up with “the taxpayer experience of the future.” And to get your little grey cells into overdrive, the Mortgage Bankers Association (MBA) is offering a $10,000 cash prize for the winner. Second place is worth $5,000.read more
The Department of the Treasury has announced that taxpayers who used incorrect information provided on an erroneous Form 1095-A won't be liable for the corrected amounts, and won't have to file an amended tax return. That should let close to a million taxpayers breathe a little easier.read more
The Christmas shopping season has hit full-force. And if you didn’t get out on Black Friday, there are plenty of deals still out there, to be sure. And speaking of deals, are you hoping to get a deal when it comes to paying sales tax on your holiday purchases?read more