Tax Tips for the Accidental Landlord

In today’s shaky real estate market, more and more homeowners are becoming landlords, often as an unexpected necessity. Whether you’re renting out your old house, an investment property or even a single room, being the landlord…

IRS Seeks Recipients for $164.6 Million in Tax Refunds

The Internal Revenue Service is looking for about 112,000 people who are due a combined total of $164.6 million in tax refunds. The tax agency said the average refund check was about 28% larger than it was a year ago.
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Ambac Sues U.S. Over $700 Million in Tax Returns

Ambac Financial Group, which Monday declared bankruptcy, is suing the U.S. for attempting to seize $700 million in tax refunds. The bond insurer warns that seizing the refunds could ruin its chances of reorganizing.
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