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WASHINGTON — More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that was designed to help consumers spend the U.S. economy out of recession. ...more
November 16, 2009
Home sales to kin First-time Homebuyers: Heads up! Read about the tax credit of $8,000 before you buy the house. Not many buyers know that you cannot buy from a relative and receive the tax credit. ...more
October 21, 2009
The Hillsborough County School Board adopted a $3 billion budget Thursday that will save property owners a little money come tax time and approved a contract with school employees that includes no salary increases. ...more
September 4, 2009
My father recently died, and my siblings and I sold his house and split the profits according to his will. What would be the best way to keep from paying taxes on this gain? It's about $14,000. If I put it in a Roth IRA or regular IRA, would that shield me from the tax burden? Please give me some advice so it's not so devastating at tax time. ...more
August 21, 2008
Here are two words that can get people so riled up you would think you had insulted their mama: tax time. ...more
December 30, 2007
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