What to do when your college-aged child files a tax return and claims tuition credits you were entitled to on your own return.
DIY is not always better or cheaper, as I learned from my experiment with a shaved head.
A California man faces theft charges for allegedly spending a $110,000 tax refund that was posted to his account in error. The mixup happened when the woman who was actually owed the refund provided the IRS with an old bank account number for an account she had closed in 2004. The account number had since been [...]
If you're ever audited by the IRS, don't rely on your 5th Amendment privilage against self-incrimination to protect you. A self-employed architectural consultant tried using the 5th Amendment as a defense but got shot down in Tax Court last week. The consultant, a Mr. Raeber, was audited by the IRS for his Schedule C deductions in [...]