As many as 350,000 households are not getting the $300 per child refund owed as part of economic stimulus rebate payments, the Internal Revenue Service said Thursday.
When Maulit Shelat heard about the Bush administration's plan to pump up the economy by sending out stimulus checks, he sat down with his wife and drew up a list of priorities: first up, remodeling the bathroom.
Even with the April 15 deadline wiped off the calendar, there's still plenty of mop-up when it comes to taxes - lingering issues such as missing rebate checks, filing deadlines and such. This week, we take a look at some of those questions.
Sometimes the IRS can't get people to cooperate, even when it tries to give money away.
About 20 past or present Missouri officials have received more than $400,000 in tax credits for investing in alternative fuels such as ethanol or biodiesel.
Several readers have asked questions about their federal income tax and the Mississippi Development Authority grants.
The AARP Tax-Aide program offers free e-filing of federal and state returns to most Coast residents.
Filing your taxes has never been fun. But this tax-filing season is shaping up as one to dread because of extraordinarily late changes in tax laws, outdated or erroneous instructions and forms, increasing complexity and the widening gulf between federal and state tax rules.
When they passed the collection plate in church, you should've put in a check.
If you have a child who turned 18 in 2007, you are in luck. But that's the only bright spot for families burdened by the "kiddie tax."
Forty-five volunteers at 13 sites will help low- to middle-income taxpayers, with special emphasis on older persons, said Van Carpenter, district coordinator for Tax-Aide on the Mississippi Coast.
You can avoid headaches at tax time by keeping track of your receipts and other records throughout the year. Good recordkeeping will help you remember the various transactions you made during the year, which in turn may make filing your return a less taxing experience.
Your federal tax filing status is based on your marital and family situation. It is an important factor in determining whether you must file a return, your standard deduction and your correct amount of tax.
This year, some early filers may have to wait a few extra weeks for their refunds. The delay is due to the Alternative Minimum Tax (AMT) legislation enacted in December.
Earlier is better when it comes to working on your taxes, says the IRS. Taxpayers are encouraged to get a head start on tax preparation, especially since early filers avoid the last minute rush and get their refunds sooner.
IRS