A new baby? A new name? In a new home? The following are some helpful tips to file your taxes successfully.
Whose Child Is This? Until last year the tax law contained as many as five definitions of "child" that taxpayers had to sort out in claiming different benefits. The definition has been streamlined, but taxpayers must still be careful to meet the requirements. For the earned income tax credit, the Internal Revenue Service suggests you think it through this way:
POST POLL: The Taxman Cometh It's the start of tax season as Americans scramble to collect W2 forms, bills and receipts as well as decipher their federal and state income tax forms. While it comes as no surprise that virtually nobody confesses to having cheated on their taxes, about one in six admits being tempted - including a disproportionately large share of men, Republicans and those with household earnings in excess of $75,000 a year.