Browse Personal Taxes Articles

Legalzoom Factoid: Have you received your IRS check yet? In the next few months, millions of Americans will be receiving a check in the mail from the U.S. Treasury. Many people think it's a refund of the taxes paid last year; is it?

Nope.

Technically, the checks sent out in the Spring and Summer of 2001 are advances on the taxes Americans are paying now (through paycheck withholding) or the taxes they will pay next April, when the tax rates are scheduled to go down a bit.
more...

- Personal Taxes

Many people begin by preparing their taxes themselves, and ultimately seek help when things become more complicated.

The question is, who are you counting on to do the job for you? There's a difference between an "accountant" (someone who prepares your taxes) and a "Certified Public Accountant" or "CPA" (someone who has received the training required by your state's licensing board).
more...

- Personal Taxes

How early should kids learn about paying taxes? Chances are, it's sooner than you think.

Even if your child is a "dependent" (under the age of 19 or a full-time student under the age of 24, receiving more than half of his or her support from a parent), he or she any be required to file a tax return if:

more...

- Personal Taxes