The alternative minimum tax, designed to make sure wealthy individuals paid their share, now ensnares the middle class in paperwork -- and sometimes higher taxes.
Here's all the math you need to know to calculate your income tax return, from the standard deduction to the Alternative Minimum Tax threshold.
Are you ready for tax season? Make the process smooth this year by getting the necessary documentation together now.
Employers and others have until Jan. 31 to get you most of the forms you will need to file your tax return. Be sure to check them for accuracy when the forms arrive.
Pay attention and avoid perennial errors like bad math. Plus, be aware of some specific pitfalls and changes for 2012 returns.
The complexity of the code requires people to spend too much time on their tax returns, watchdog says, even though 90% use software or a tax preparer.
Taxpayers who use some schedules will have to wait until mid-February or March. So far, there is no reason to expect refunds to be delayed.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Tired of your wallet taking a beating at the grocery store? Here are some creative ways to save big on food costs.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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