Four Tips on Unemployment Benefits

Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive. Unemployment compensation generally includes, among other forms, state unemployment compensation benefits, but the tax implications depend on the type of program paying the benefits. You must report unemployment compensation on line 19 of Form 1040, line [...]

Ten Tips to Help You Choose a Tax Preparer

Many people look for help from professionals when it’s time to file their tax return. If you use a paid tax preparer to file your return this year, the IRS urges you to choose that preparer wisely. Even if a return is prepared by someone else, the taxpayer is legally responsible for what’s on it. [...]

California to investigate “Under the Table”

From http://abclocal.go.com/kfsn/story?section=news/politics&id=8489497  In a budget environment when the state is looking for every dollar, officials are going after $7 billion in lost revenue caught up in the underground economy. The state says too many business in California are cutting corners to make money. A new task force is hoping to make a dent in the [...]

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