The decision of when to begin receiving Social Security benefits - age 62, age 66, or age 70 - is not an easy one.
Rather than eliminating the loopholes in the tax code that allow high income individuals to avoid paying taxes, Congress created a complicated alternative tax system that became the AMT.
Today is the deadline for filing your 2014 federal and state income tax returns. The envelopes must be postmarked by midnight tonight! But don't despair if you're behind.
The first choice taxpayers are faced with is selecting a filing status.
April 15 is not just the deadline for filing your tax return, and paying your taxes – it is also the deadline for making a traditional or Roth IRA contribution.
Did you move because of a new job or a new job location in 2014? You may be entitled to an “above-the-line” deduction for your moving expenses.
These “extenders” had originally expired on December 31, 2013. As has become the custom, Congress waited until the very last minute to extend these tax benefits retroactively.
A major change to the 2014 Form 1040 resulting from the Affordable Care Act (ACA) – aka Obamacare – is the new refundable Premium Tax Credit.
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