Of course, none of us “prefer” to pay taxes. Once we do pay our taxes, if we expect a refund, we hardly exhibit any patience awaiting it in the mail. But the IRS is a mega-bureaucracy, which means that things…
Earlier this year, the Internal Revenue Service announced it is beginning protocols for processing tax returns using the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). The IRS is sharing this information to help taxpayers, tax preparers,…
Here are some answers to frequently asked questions relating to the tax consequences for individuals participating in a same-sex marriage. *When are individuals of the same sex lawfully married for federal tax purposes? For federal tax purposes, state or foreign…