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Simple Ways to Lower Your Tax Bill — Part 1

Here’s a look at several simple things you can do to lower your taxes—and avoid getting into hot water with the IRS:

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Category: AC, Country, Hot AC, Rhythmic, Rock Tags:
man overwhelmed by taxes
Liquid Library
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3 Reasons Why You Should Hire an Accountant to Do Your Taxes

As tax season grinds on, here are some important reasons for you to consider hiring a professional to prepare your 2013 return.

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Category: AC, Country, Hot AC, Rhythmic, Rock Tags:
Korean Won Drop Against U.S. Dollars And Japanese Yen
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5 Ways to Lower Your Taxes You Might Not Know About

The next six weeks are known as Tax Season, and we've come up with a few ways to lower your bill that you might not know about.

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Category: AC, News Tags:
ISTOCK
ISTOCK
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Amarillo Tax Increase Has Been Approved

Yesterday, Amarillo City Commissioners approved a proposal to increase taxes.  So what does that mean for us?

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Category: Amarillo, Amarillo News Tags:
Photodisc
Photodisc
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Your Facebook Page Could Get You in Trouble with the IRS [VIDEO]

Tax time is drawing to a close in fact you have until Monday to file your taxes.  However, if you cheat a little bit on your taxes or cheat big on your taxes, be prepared because the IRS is using more than just your tax return to check up on you.

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Dionne Warwick
Samir Hussein, Getty Images
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Dionne Warwick Declares Bankruptcy With a $10 Million Tax Debt

Looks like crooner Dionne Warwick won't be able to 'Walk on By' the IRS. The songstress has filed for bankruptcy, claiming she has $25,000 in assets but owes $10.2 million to Uncle Sam.

You'd think Miss Cleo would've warned her about this.

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Category: News Tags:
tax returns
iStockphoto
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Is Your Unclaimed Tax Refund Among the $1 Billion Being Held by the IRS?

There are still a few weeks left to file your 2012 tax return, but April 15 of this year marks another important deadline for taxpayers: it's your last chance to file for a refund on your 2009 taxes.

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Category: AC, Country, Hot AC, News, Rhythmic, Rock Tags:
tax refund loan shark
Hemera/iStockphoto
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Why You Should Beware of Tax-Refund Loans

It takes at least a few days, sometimes longer, to receive your refund after you've filed your taxes with the IRS. Some people, though, just can't seem to wait. This almost certainly is a bad decision.

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Category: AC, Country, Hot AC, News, Rhythmic, Rock Tags:
iStock
iStock
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How Do You Plan to Spend Your Tax Refund [POLL]

It is tax season, which means folks all over the U.S. are getting back a part of their hard earned money, or they are cussing because they have to pay.  Either way it all has to be done by April 15th, which falls on a Monday this year.

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IRS tax fraud map
See full size here. (Credit: IRS)
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How to Stop Identity Thieves From Stealing Your Tax Refund

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

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Category: AC, Country, Hot AC, News, Rhythmic, Rock Tags:
Money
401(K) 2012, Flickr
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Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

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Category: News Tags:
Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Should Olympic Medalists Have to Pay Taxes on Their Winnings? [POLL]

Olympics medals aren’t worth much, so it may surprise you to know that medalists also get stuck with a hefty tax bill.

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Category: News, Sports Tags: ,

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