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April 2014 Archives

How the government's mistake could cost you your tax refund

The federal government has a new trick for taking your money -- and you are not going to like it. According to a recent report from CNBC, the government is confiscating the IRS tax refunds of the children of people they overpaid in Social Security. Yes, that means that if the government gave your parents too much money in Social Security, it could be coming after your tax refund to make good. 

Frivolous tax returns come with harsh penalties

Few people are thrilled about paying taxes to the federal government. However, under the law, most people are required to do so. While there are some legitimate reasons to challenge your tax bill, there are some arguments that the Internal Revenue Service simply won't tolerate. 

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