IRS

Meisa Bonelli is a Wall Street finance and tax professional, business match-maker and mentor. She is the President of Millennial Tax Ventures and dropped by for a chat on Benzinga's #PreMarket Prep show. Bonelli, a native New Yorker, is a member of the National Association of Tax...

On Tuesday, the U.S. Internal Revenue Service issued a notice, informing Americans of the U.S. Federal tax implications of bitcoin transactions. Bitcoin owners and prospective bitcoin owners should take five minutes to read the six-page notice. For the most part, Bitcoin owners were pleasantly...

A taxpayer, already nervous about a questionable deduction as he prepares his tax return, gets a phone call. The caller says he is from the Internal Revenue Service, the taxpayer owes back taxes, and must pay immediately via a pre-paid debit card or wire transfer. The phone call is a scam. The...

The IRS released its yearly list of the top tax scams for 2014. Most are well-known, but have seen an uptick in frequency this tax season. Keep your eyes open for any of these scams. Fake Charities 'Tis the season for giving. Taxpayers come into some extra money this time of year and many...

The first question college students typically ask is, “Do I even need to file income taxes?” The key word in this question is “income.” As in, did you have any? For starters, if you are a single dependent and your total earned income for the year was less than $6,100, you don’t have to file...

With the start of early filing only days away, anyone planning to submit Internal Revenue Service tax returns for the 2013 tax year at the end of this week should be aware of changes in the tax code for this year. According to the IRS, there are several. New Top Rate If you were fortunate...

If you’re still looking for a tax preparer, we put together a few pointers to help you in your search. Do They Have a PTIN? If they don’t have a preparer tax identification number, they can’t prepare your return for you. Check Their Background Just because they do something with money...

Unless you’re in the tax business, you likely have at least one question as your preparing your return each year. Where do you go if you have a question that isn’t answered (in language you can understand) by a simple Google search? Get on the Phone Yes, you can phone a friend although that...

2014 is here, and with it comes the annual tax filing scramble. The U.S. tax code is so big, archaic and hard to understand that literally hundreds of millions of dollars are spent every year by consumers -- who’d prefer to let a professional handle it for them. There are a number of...

Almost every year Congress allows a large number of tax credits and breaks to expire according to NPR. Then, following intense lobbying by various constituencies, some or all of them are restored. Whether your favorite tax credit or break is restored – that’s the roulette part. This year at...

The Internal Revenue Service announced Tuesday that it would delay the start of the tax-filing season up to two weeks because of the recent 16-day government shutdown. Acting IRS commissioner, Danny Werfel said, “Readying our systems to handle the tax season is an intricate, detailed process,...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...

If you’re working on your 2012 taxes wishing you had amassed more deductions, now is the time to better position yourself for next tax season. However, for the majority the tax benefit is secondary. Most people give because they want to and they give to organizations they believe will use their...

Equinix (NASDAQ: EQIX), one of the world's largest owners of data centers, has decided to convert its structure a real estate investment trust or REIT. The company plans on finalizing the conversion and operating as a REIT beginning January 1, 2015. Equinix shares jumped 13.6 percent to a record $...