Taxes: Adjusting Your Withholding   Tax refunds don’t always mean good news… Sometimes, no news is good news.  Stacy Johnson explains… (video runs 1:20)      

New Tax Breaks Will Aid Some Homeowners   Before filing your federal income-tax return, check to see if you’re eligible for a few new breaks.   Among them is a deduction for private mortgage insurance premiums. Claim it on Schedule A, line 13. The insurance must be "in connection with home-acquisition debt," the IRS says. […]

Taxes: Changing Mistakes   Taxes can be complicated, which means it’s easy to make mistakes…mistakes that could have gotten you a bigger refund…or could get you in hot water with the IRS.   But just because a mistake is made doesn’t mean it can’t get corrected. Here’s money reporter Stacy Johnson with some quick advice […]

Taxes: Paying With Plastic   Are you filing your taxes electronically this year? If so, and you happen to owe the IRS money… chances are you’ll be among the those who’ll pay with their credit cards.   Money reporter Stacy Johnson has some advice on a less taxing option. (Runs 1:37)   Are you going […]

Taxes: Do You Have to File?   Don’t you hate filing taxes?  Well, millions of people don’t even have to file a return.  But if you think that sounds lucky, you might want to think again.   Our Money Talks editor Stacy Johnson explains in this video (runs 1:25)    If you have a comment or […]

Rebates: What You Need to Know   Lawmakers have given their final seal of approval to a $170 billion plan intended to spark the slowing economy.  The centerpiece?  Tax Rebates.   Questions abound about how the program will work, and officials at the Treasury Department and IRS are scurrying to work out the details, but […]

Time to Think About Tax Help   We’re smack in the middle of tax season again.  Many people fill out the short form, mail it in, and are done with it.  Good for you.  Lots of us have more complicated financial lives.  In many cases, those complications will be handled by a hired tax professional.  […]

AMT Relief – May Be Too Late for Christmas Bills   More than 20 million families will be spared an extra $2,000 tax hit on average after Congress excluded them from a higher alternative tax originally aimed at untaxed multimillionaires.   An eleventh-hour vote to put a one-year freeze on growth of the alternative minimum […]

Tax Notification Scam

Phantom Income Bll Update: