When you're doing your taxes tonight, and have that moment where you wonder if you can claim your dog, your cat, and your toaster as dependents...you shouldn't. But if you do, you just might get away with it.
The IRS has admitted that a training video from three years ago that parodied "Star Trek" was a waste of taxpayer dollars. CBS News got their hands on the five-and-a-half-minute video, which was shown at a leadership conference in 2010.
EVERYONE in the U.S. gets screwed by our messed-up taxes, even our Olympic heroes. Because it turns out when they win a medal...they owe the government TAXES.
Remember the kids who always sat in the front of the classroom, the ones who reminded the teacher when she forgot to hand out homework? Those kids grew up into adults who get their oil changed every 3,000 miles, visit the dentist every six months like clockwork and file their taxes as soon as they can.
In his State of the Union Address, President Obama promised that this year, for the first time ever, American taxpayers would be able to go online and see exactly how their federal tax dollars are spent. Just enter a few pieces of information about your taxes, and the taxpayer receipt will give you a breakdown of how your tax dollars are spent on priorities like education, veterans benefits, or health care. Find out what you paid on the next page.
Today is tax day, and if you think the stuff WE get taxed for is crazy, check out the next page for a list from Cracked.com: It's five of the craziest taxes in history.
In honor of today being Tax Day, here's a list of The Top 10 Tracks About the Taxman that the people at Spinner.com put together. See the full list on the next page!
Yesterday, I told you about seven no-no's when filing tax returns, today its ten yes-yes's. Since the goal of every taxpayer is to make sure the IRS gets as little as possible, you need to take every tax deduction, credit or other income adjustment you can.