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Your taxes are due!

NEW YORK (CNNMoney) Tax Day is officially here. If you still haven't filed, then you're among the minority. As of the end of last week, the IRS had received nearly 100 million tax returns -- ...
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How Washington spends your taxes

Your tax preparation software may tell you how much you owe in federal income taxes for 2013, but it won't tell you how your money is spent by the federal government. No worries. The National ...
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COUNTDOWN TO APRIL 15 TAX-FILING DEADLINE: ARE YOU READY?

OK, procrastinators, here’s a friendly reminder: Time is running out. In less than two weeks it’s April 15, the deadline for filing your federal and state tax returns. The good news: With ...
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7 Smart Ways to Take Advantage of Your Tax Refund

Tax season is a time of stress for many, but it can be a joyful time for the roughly 75 percent of Americans who receive income tax refunds. While the refund really means you're getting back money ...
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3 Months Into 2014, You're Likely Still Working for the Tax Man

Between income taxes, property taxes, sales taxes and all those other taxes, the amount of your income that flows into government coffers adds up quickly. One way to think about its is to figure out ...
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Bitcoin Currency Use Impeded by IRS Property Treatment

The Internal Revenue Service’s decision to treat Bitcoin as property will make tax consequences part of every transaction involving the virtual currency. So much so that Bitcoin users and ...
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BBB on Seniors: Be aware of scams during tax season

Tax season is upon us once again and there are a number of tax scams preying upon people's fears of making a tax return mistake or appeal to their desire to get a bigger refund. Every year, the ...
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Disappearing Deductions Cost Taxpayers

Changes to tax laws last year reinstated some income-based phase outs of some widely used personal exemptions and itemized deductions, leaving many taxpayers with higher tax bills. Hardest hit will be ...
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Taking Advantage of Tax Deductions

If ever there was a year to look for deductions to your tax bill, this is it. The reason? Millions of Americans will be paying more because of higher tax levels imposed by Obamacare and the ironically ...
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IRS Steps Up Tax Crime Enforcement and Convictions

The Internal Revenue Service has significantly increased its enforcement actions against tax criminals and its rate of convicting them, according to a new report from the IRS’s Criminal ...
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A Simplified Tax Option For Home Offices

This tax season holds good news for millions of self-employed people who work from home: Home office deductions, which used to require a litany of calculations and the completion of a 43-line form, ...
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8 Common Tax Mistakes That Startups Make

In the flurry of launching a new business or first startup, filing your taxes can be a real learning curve. You won't want to wait until the last minute to try to figure things out. At the very ...
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Tips for Tracking Down Your Tax Refund

You're getting a tax refund, so you filed early. So where's your check? Well, you can stop bugging your mail carrier. There are more productive ways to track down your Internal Revenue Service ...
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IRS takes a bite out of U.S. Olympic medalists' winnings

The photos are ubiquitous during the Olympic Games. Winners smilingly chomp down on their pieces of gold, silver and bronze. No, They Aren't Foil-Wrapped Chocolates -- U.S. four-man bobsled ...
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