A plain vanilla return is usually safer than one that stands out. But if you have deductions that are above average, it's OK to take them.
In your rush to get your return filed on time, watch for these pitfalls. Some can be difficult and expensive to fix.
Make sure you're getting all the deductions you should for your mortgage, charity efforts and work life. But don't raise any red flags.
'No one group is getting a free ride' in the current system, a new report finds, once a person's full tax burden is included.
| Tags: | GovernmentTaxesWealthy |
Professional teams worry the proposed surcharge on the rich could cost the country some of its star athletes.
Identity theft used to steal refunds again tops the list of the most common wrongdoings perpetrated against taxpayers.
The Facebook founder bought 60 million shares of his company for just 6 cents during the IPO. The IRS treats that as income, even if he hasn't sold those shares.
Gains from stocks and mutual funds are taxed at a lower rate than regular income. But those aren't the only investments from which you can get the lower capital gains rate.
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