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Taxes

Tax form
claudiodivizia, ThinkStock
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Estimated taxes and when to pay them: What you need to know

Q. I’ve been offered a consulting job by one of my company’s clients. This would be on the side of my regular job. Do I have to file estimated taxes?

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President Barack Obama pauses while speaking in the White House briefing room in Washington, Friday, May 6, 2016, about the economy and new steps to strengthen financial transparency and combat money laundering, corruption, and tax evasion. (AP Photo/Carolyn Kaster)
President Barack Obama pauses while speaking in the White House briefing room in Washington on Friday, May 6, 2016. (AP Photo/Carolyn Kaster)
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Obama administration proposes rules aimed at tax evasion

New financial regulations would force companies to disclose more information about their owners, as part of a crackdown on tax evaders and money launderers, the Obama administration announced on Friday.

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Property taxes
Push, ThinkStock
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NJ’s tax burden: Is your county the worst in NJ?

Move from one county to the next in New Jersey and your tax obligation changes drastically.

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FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. Millions of taxpayers face a midnight deadline Monday, March 18, 2016, to file their tax returns, while millions of other Americans seek more time, a six-month extension. The filing deadline was delayed three days beyond the traditional April 15 deadline, because Friday was a legal holiday in the District of Columbia. (AP Photo/J. David Ake, File)
FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. (AP Photo/J. David Ake, File)
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Tax time: More than 5M returns expected by midnight deadline

Millions of taxpayers were facing a midnight deadline to file their tax returns, while millions of others were asking for a six-month extension. The filing deadline on Monday was delayed three days beyond the traditional April 15 deadline because Friday was a legal holiday in the District of Columbia.

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Money background - hundred dollars greenback (Zoonar RF, ThinkStock)
Zoonar RF, ThinkStock
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Millionaires: Raise our taxes to address poverty, fix roads

More than 40 millionaires, including members of the Rockefeller and Disney families, are asking to have their taxes raised to help address poverty and rebuild failing infrastructure.

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Property taxes (claudiodivizia, ThinkStock)
Property taxes (claudiodivizia, ThinkStock)
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How to make sure you have the proper withholding from an IRA

Q. If one’s income is basically from Social Security and the Required Minimum Distribution (RMD) from an IRA, is it acceptable to withhold the entire year’s tax bill from the RMD taken towards the end of the year rather than paying quarterly estimated tax? No monthly tax is being withheld from Social Security income

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cabania
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Prosecutors: Men filed false tax returns for jail inmates

Two New Jersey men stand accused of filing false federal income tax returns on behalf of county jail inmates who used the refund money they received to pay for bail, lawyers, and other expenses.

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In this Thursday, Oct. 24, 2013, file photo, Snapchat CEO Evan Spiegel poses for a photo in Los Angeles. (AP Photo/Jae C. Hong, File)
In this Thursday, Oct. 24, 2013, file photo, Snapchat CEO Evan Spiegel poses for a photo in Los Angeles. (AP Photo/Jae C. Hong, File)
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Snapchat, Seagate among companies duped in tax-fraud scam

A major phishing scheme has tricked several major companies -- among them, the messaging service Snapchat and disk-drive maker Seagate Technology -- into relinquishing tax documents that exposed their workers' incomes, addresses and Social Security numbers.

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BrianAJackson
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Can you pay your taxes late?

Q. If I know I will owe taxes, is there an advantage to filing later? Or even doing an extension?

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Taxes
cabania, ThinkStock
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Tax filing issues could jeopardize health law aid for many

About 1.4 million households that got financial help for health insurance under President Barack Obama's law failed to properly account for it on their tax returns last year, putting their subsidies at risk if they want to keep coverage.

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