TALLAHASSEE, Fla. (AP) — Florida’s back-to-school sales tax holiday is kicking off. Starting Friday shoppers do not have to pay sales and local sales taxes on clothing worth $100 or less. Sales taxes are also […]
TALLAHASSEE, Fla. (AP) — Floridians would get four sales tax holidays this year under a bill approved by the Florida House. The House voted 106-11 for a tax cut package that includes sales tax holidays […]
It’s hard to think there’s anything funny about taxes when you’re under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
It’s time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven’t started preparing your taxes yet, do it: There’s no reason to wait for April 15 to roll around to get that money back from Uncle Sam.
If you’re preparing your own taxes you should definitely do what the professionals do: use tax preparation software.