Your Taxes

07/02/2008  08:33 PM
The IRS is becoming increasingly interested in US citizens who have sizable investments sitting in foreign banks and brokerage accounts. Not that there's anything wrong with having a foreign bank... (full story)

06/27/2008  10:45 PM
July is a good time to do some quick tax math and make projections for how your taxes might look for the full year. That's because you'll have a full... (full story)

06/23/2008  11:27 PM
The IRS has increased the standard mileage rate for taxpayers who drive their cars for business and medical purposes. Starting July 1, 2008, the standard mileage rate will be 58.5... (full story)

06/21/2008  07:18 PM
Interest charged on balances owed on federal taxes will drop to 5% starting July 1, 2008. The previous interest rate was 6% (effective from April 1st to June 30th, 2008),... (full story)

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