The IRS, or Internal Revenue Service, is the agency in the federal government responsible for regulating and collecting taxes. Learn more here about your taxes and what the IRS does in these articles, columns, blog posts, videos and radio shows.
Home Improvement To Sell Your Home
When you're getting ready to sell your house you should make a list of the home improvement projects that will make your home more appealing to buyers. You can do home repairs yourself or hire a handyman to help make home improvements. What kind of home improvement services does a handyman offer?
Using Tax Software To File Your Return
If you think you might like to use tax software to prepare your taxes this year, ask yourself a few questions. Do you like to use technology for other tasks, like selling possessions on eBay? Are you comfortable relying on tax software to correctly file your taxes? Do you have complicated income sources or deductions that you would enter into tax software?
Explaining Tax Forms
Every year when you go to file taxes you will have to collect various tax forms. Learn about various tax forms including the W-2, 1099, 1098 and K-1 from CPA Michelle Swenson. Understanding different tax forms will ensure smoother tax filing.
IRS: What To Do In Case Of An Audit
The U.S. Internal Revenue Service audits taxpayers to see if they've filed their taxes correctly. While the word audit may seem scary, it doesn't have to be if you're prepared for an audit from the IRS. The IRS isn't trying to catch you, just keep track of your receipts, deductions and expenses, and you should be fine. Learn about what you should do to be ready for an audit and what an audit means from CPA Michelle Swenson.
Getting A Good Home Mortgage Rate
A parent asks about selling a property to her daughter who has good credit. She wonders about home mortgage rates and whether they will fall. Even if the daughter sees high home mortgage rates now she can refinance in the future.
IRS Raises Mileage Rate to 58.5 Cents Per Mile
Starting July 1 you can deduct 58.5 cents per mile, when you're driving for business, the IRS just announced. For miles driven between January 1 and J...
Using VA Loan To Purchase Home
A veteran is thinking about buying a home from his girlfriend with a loan from the Veterans Administration, or a VA loan. He wants to know whether he can use his girlfriend's income on his VA home loan application. He needs to consider not only the VA's requirements for home loans, but also the future of his relationship with his girlfriend.
Estate Planning Includes Transferring Title To Real Estate
As parents, you may decide you want to pass on your real estate holdings to your children. To figure out the right way to pass along property, without incurring excessive taxes or mortgage liabilities, you should do some estate planning with the help of an estate attorney and accountant. When you change the title of a property to the name of your children without proper planning the cost basis becomes the property's original value as opposed to that on the day of your death.
How Are You Spending Your Stimulus Check
We've had an amazing response to our query today: How are you spending your rebate check? Here's what some of our callers said about how they're goin...
On The Ilyce Glink Show Today
I'll be updating everyone on my grill situation -- there is a resolution! Also, we'll be looking at a new case of mortgage fraud from the IRS and a ne...