Income Tax

What will happen to the “tax extenders” that have been virtually ignored by Congress the last few months? At long last, there seems to be some movement on several fronts concerning these tax law provisions that are traditionally extended for just one or two years.

The Internal Revenue Service has automatically extended the tax return filing and payment deadlines for victims of last month’s mudslides and flooding in Washington state. As a result, those taxpayers will have until Oct. 15 to file their returns and pay any taxes due, with no penalties or interest applied.

A Morgan State University professor was convicted Tuesday in connection with a scheme to defraud the National Science Foundation and his students.

It’s even more difficult than before for most taxpayers to qualify for medical expense deductions now that the “floor” has been raised to 10 percent of adjusted gross income (AGI) from 7.5 percent of AGI.

According to a new report by financial education website WalletHub, the accessibility, affordability and effectiveness of available tax help varies significantly from state to state.

The Blackbaud Index showed an overall increase in charitable giving to nonprofits of 0.7 percent, while online giving increased 13.8 percent for the three months ending February 2014 as compared to the same period in 2013.

Have questions about your income taxes? With April 15 only two weeks away and new tax laws like Obamacare, many Americans do, the American Institute of CPAs has some answers.

It's tax season, which is prime time for scammers who would rather be phishing.