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INCOME TAX AND IRS News and Tips

 - Latest INCOME TAX News:

Congress s Taxing Hurdle
Some Late Tax Tips
The Risks of Being Audited
The ABCs of Dealing With the AMT
Reprieves for Filers
Two Jobs Watch Your Social Security
Beware of Bogus Emails
TurboTax v TaxCut
Arm Wrestling and E Filing
How to Avoid Getting Audited
Cutting a Deal With the IRS Has Grown Taxing
Marriage Penalty Is Expected to Ensnare More Couples
The Perils of Extensions
IRS Is Getting Less Charitable
Dealing With Tax Day s Ugly Problems
Tax Deductions and Credits for Parents
Patents on Tax Related Ideas Stir Worry
How to Trim Taxes as You Age
Giving Up Tax Breaks A Smart Move
DIY ers Looking for Advice


 

Opponents of the current tax code favor reducing or eliminating many existing tax deductions, particularly for corporations that have come to rely on the code as a welfare crutch. Reformers contend that the government should encourage spending on things like charities, home ownership, and education through means other than tax deductions.

Doing Taxes Online | Tax Deductions | Tax Deducing | IRSTAX | TAXACT