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IRS Moving Expense Deductions
February 20, 2012
Federal tax laws allow you to deduct your moving expenses if your relocation relates to starting a new job or a transfer to a new location for your present employer. To qualify for the deduction, your...
Which Credit Card Rewards Does the IRS Care About?
February 17, 2012
Citigroup's Citibank recently sent recipients of a special frequent flier mile promotion an unwelcome surprise: a 1099 tax form indicating those bonus miles have been reported to the IRS as income.Eve...
Average Tax Refund Slips to $2,913 in 2011
February 15, 2012
The IRS not only doled out fewer tax refunds last year, but it also cut smaller checks with the average refund slipping by nearly $100.Taxpayers received tax refunds averaging $2,913 in 2011, down 3% ...
