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Shutdown delays tax filing dates

The 16-day federal government closure has caused a one- to two-week delay to start reviewing 2013 taxes, the Internal Revenue Service announced. Set by federal statute, the April 15 tax deadline remains in place. The original start date of the 2014 filing season was Jan. 21, and with a one- to two-week delay, the IRS… Continue Reading Shutdown delays tax filing dates

Tax refunds could be a month’s salary for some

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Some Americans could see equivalent to a month’s salary in federal tax refunds this year. The nation’s taxpayers will receive an estimated $230 billion in federal tax refunds this year, according to the American Tax & Financial Center at TurboTax. The refunds will be welcome, especially for the estimated 40 percent of U.S. households living… Continue Reading Tax refunds could be a month’s salary for some

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