April Fool’s That Break the Bank

Ed note: Classic April Fool’s Day pranks are simple and nearly cost-less: swapping salt and sugar, faking a traffic ticket and so forth. But not all pranks are as innocuous. Jace Shoemaker-Galloway looks at a few pranks gone expensively wrong.  Hold onto your whoopee cushion – April Fools’ Day is here. For many people, April 1 […]

Help! I’m the victim of a tax scam!

Ed note: Unfortunately a number of taxpayers will fall victim to tax scams or identity theft this year. The IRS works diligently to prevent this from happening, but here’s what you need to know and look for. Leer en español. Filing your taxes can be stressful, but if you’ve fallen victim to a tax scam the […]

News Updates from the IRS and Last-Chance Donations to Covenant House [VIDEO]

If you haven’t yet, make sure to check out hipstertaxcrisis.com. There’s only a few more days to share the photos and videos, which represent donations we will make to Covenant House. Other news from the IRS and an update in Spanish, all in the video below.

Important Information for Immigrant Families Considering Enrolling in Marketplace Coverage

Ed note: The open enrollment deadline for healthcare coverage through the Marketplace is rapidly approaching on March 31. We have some important information for families with mixed-immigration statuses. Read more from The Tax Institute. Leer en español.  Many families have not enrolled in health care coverage through the ACA marketplace. This is especially true of many […]

Handling Unexpected Expenses

Ed note: Nobody likes to pay for things like surprise car repairs or a visit to urgent care. However, there’s no avoiding those little curveballs life throws our way. Let’s take a look at how to better prepare for them instead. Leer en español. The mail came and I saw the envelope from the Department of […]

Two Important Deadlines [VIDEO]

April 15 isn’t just an important date to know for filing taxes this year. It’s also the last day to file or amend a tax return for tax year 2010. March 31 is the deadline for open enrollment in a Marketplace health insurance plan, under the Affordable Care Act. If you’ve been without health insurance […]

Profile of a Procrastinator – Maybe You? [INFOGRAPHIC]

If you haven’t done your taxes yet, you certainly aren’t alone. In fact, you’re part of a healthy percentage of the population that will wait until the last few weeks before April 15. Here are a few pointers for what to do to help meet the deadline, or what to file if you really and […]

IRS Issues Guidance on Virtual Currency

There’s been quite a buzz around Bitcoin as of late. Congress held hearings about the virtual currency last fall and Newsweek claimed to have identified its creator. However, arguably the biggest news came from the IRS today, which announced that virtual currencies will be treated as property for U.S. federal tax purposes. This clears up […]

How to Build a Summer Spending Account

Ed note: Ah, summer. If you are fantasizing about lounging by the pool or shipping the kids off to summer camp, remember that those things don’t come for free. (Darn.) Contributor David Ning has some great advice for financially planning for these things now so you can really enjoy the season. Leer en español.  The frozen […]

Procrastinators Rejoice! File an Extension Now

Ed note: If you dread each day that brings April 15 closer, or if you have completely forgotten about filing taxes this year, then you probably need to read this very valuable advice from attorney Anna Sandall. Leer en español. If last year you found yourself in a mad dash to the post office on April […]