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Items by Kevin McCormally

washingtonpost.com - Business

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  Tax tips for the 99%

  Posted: February 4th, 2012, 6:08pm EST by Kevin McCormally

  Tags:    [edit]

  While the punditocracy dives into the details and debates the vices and virtues of Mitt Romney’s and Newt Gingrich’s 2010 tax returns, we found a gold mine in tax savings for ordinary folks who will never need a Swiss bank account.

  Read full article >>
  
  
  
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  IRS not ready to process many returns until mid-February

  Posted: February 5th, 2011, 11:48pm EST by Kevin McCormally

  Tags:    [edit]

  In the final days of 2010, the IRS announced that, because of last-minute maneuvering on Capitol Hill, the agency won't be ready to process more than 50 million returns until mid- to late-February. Since most returns demand refunds from the IRS, the delay means millions of taxpayers will have to ...
  
  
  
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  Questions and answers about the home-buyer tax credits

  Posted: April 25th, 2010, 12:00am EDT by Kevin McCormally

  Tags:    [edit]

  Time is running short if you want to cash in on the popular home-buyer tax credits. You'll need to sign a binding contract by April 30 and then close the deal by June 30. With thousands of dollars at stake, it's not surprising that potential home buyers have lots of questions. We have the answers.
  
  
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  The tax deductions most often overlooked

  Posted: January 31st, 2010, 12:00am EST by Kevin McCormally

  Tags:    [edit]

  Every year, the Internal Revenue Service dutifully reports the most common blunders that taxpayers make on their returns. And every year, at or near the top of the "oops" list is forgetting to enter their Social Security number at the top of the tax form -- or making a mistake when entering those...
  
  
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  Use the W-4 Form to Boost Take-Home Pay

  Posted: July 19th, 2009, 12:00am EDT by Kevin McCormally

  Tags:    [edit]

  As we hit the midyear mark, most taxpayers have already banked a healthy tax refund for next spring.