You never know when or if you will be audited. But the best way to be prepared is to know what to expect and to maintain your tax documentation. This article discusses the 3 types of audits and what to expect in each.
United States Savings bonds are a great way to invest money conservatively and can provide the opportunity to grow interest tax free. These bonds make a great gift for young children to hold on to and potentially use for college expenses.
The Working Families Relief Act of 2004 created a standard definition of a qualifying child to be used for tax purposes. The definition has 4 main requirements to consider.
If you live in one of these states then you have to pay taxes on all of the media you’ve downloaded — for a fee — this year! Here’s the complete list of states.