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3 Reasons Why You Should Hire an Accountant to Do Your Taxes

As tax season grinds on, here are some important reasons for you to consider hiring a professional to prepare your 2013 return.

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Category: Lifestyle Tags:
Mary J. Blige
Andrew H. Walker, Getty Images
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Mary J. Blige Owes Another $3.4 Million in Unpaid Taxes to Uncle Sam

Sublime songstress Mary J. Blige has been hit with yet another tax lien -- this one totaling $3.4 million for unpaid taxes in Bergen County, N.J. Sounds like even 2013 won't offer her a break.

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IRS
IRS
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Where’s Your Refund? How to Track When Your Tax Return Will Hit the Bank

If you're expecting a refund rather than paying in taxes this year, congratulations!  Now all you have to do is wait patiently to get that refund.  How long does it take?  Is there any way to track your refund?  Well, I'm glad you asked, because there is!

The IRS says you can generally expect your (federal) refund in less than 21 calendar days after the receive your tax return. But that's a pretty big window.  I'm sure they were tired of being asked that question so they've put an easy tool on their website to help you track when your refund should be deposited. 

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IRS tax fraud map
See full size here. (Credit: IRS)
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How to Stop Identity Thieves From Stealing Your Tax Refund

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

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Category: US News Tags: , ,
Joe Scarnici, Getty Images
Joe Scarnici, Getty Images
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MC Hammer Reportedly Owes $700,000 in Unpaid Taxes

MC Hammer‘s money woes just will not go away. TMZ says the U.S. government is suing the ‘U Can’t Touch This’ rapper and his wife for $779,585 in back taxes.

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Category: Celebrity Dirt Tags: ,
Gareth Cattermole, Getty Images
Gareth Cattermole, Getty Images
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Jay-Z Says He Won’t Mind Paying Higher Taxes

Rap mogul Jay-Z says he’s cool with paying higher taxes just as long as the monies are allocated to worthy causes. During an interview with CNN, a reporter asked the ‘Throne’ rapper about his feelings on President Obama’s battle with the Republican Congress to raise taxes on the rich to help extend the payroll tax cut for American workers.

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Category: Celebrity Dirt Tags: ,
Warner Bros.
Warner Bros.
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Lady Gaga Wants to Be in a Woody Allen Film, Got Drunk to Sign Tax Returns

It was a typical day at the office for Ellen DeGeneres when Lady Gaga sat down for a chat on her namesake show. In a preview of Gaga’s interview, which airs on Friday, Dec. 9, the ‘Marry the Night’ singer looks like an edgy Christmas angel, with bows on her head, silver glitter eyebrows, black mesh top and black leather skirt. She mixed materials once again, and spoke about acting and fueling herself with alcohol in order to sign her tax return.

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Jason Merritt, Getty Images
Jason Merritt, Getty Images
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‘Jersey Shore’ Costs New Jersey Taxpayers $420,000

‘Jersey Shore’ doesn’t just rot brains — it drains tax coffers, too.

MTV’s hit reality show, which depicts the exploits of a group of raisin-tanned 20-somethings as they live and party along the New Jersey coastline, has just had $420,000 of its 2009 production costs covered by the state’s Economic Development Authority.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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How To File an Extension For Your 2010 Taxes

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

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Category: Events, US News Tags: , ,
Photo by Justin Sullivan/Getty Images
Photo by Justin Sullivan/Getty Images
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Five Forbidden Tax Deductions

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower.

Here's a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.

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Category: Political Tags: , ,
Photo by Jason Merritt/Getty Images
Photo by Jason Merritt/Getty Images
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Seven Celebrities Who Cheated on Their Taxes

With tax day just around the corner, the IRS is readying itself to spot this year's round of tax evaders. Given the lack of impulse control and sense of entitlement among the celebrity set (we're looking at you, Charlie Sheen), it should be no surprise that the famous and the powerful are among the worst tax cheats out there. Here are seven celebrities who didn't pay the tax man, and ended up paying the price:

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Photo From TurboTax
Photo From TurboTax
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Do Your Taxes On Your Phone?!

So I was cruising around looking for some new apps on my EVO last night and I came across one that I thought was amazing, the new TurboTax "SnapTax".

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