As tax laws become increasingly complicated, more taxpayers rely on tax professionals and tax software to help prepare their returns. In her most recent report to Congress, the National Tax Advocate, Nina Olson, cited tax complexity as one of the most …
Except for child custody matters, dealing with the division of assets is always the main area of stress during divorce proceedings. But you can take concrete steps that will take at least some of the pain out of the process, as…
The Treasury Department is launching a pilot program to deliver tax refunds via prepaid debit cards rather than checks.
The plan aims to cut down on the administrative costs associated with checks and to help lower-income taxpayers without bank accou…
Illinois lawmakers approved a 66% increase in the state’s income tax in the final hours of the Legislature’s session.
Lawmakers raised the state income tax to 5% from 3% in a bid to close the state’s deficit, which could be as large as $15 billion, T…
U.S. companies added $26.5 billion to dividend payments in 2010 — a far cry from 2009’s $42.4 billion decline — and analysts predict an even better year for dividends in 2011, a windfall to investors that could lift equity m…