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In 2011, Many Tax Benefits Increase Slightly Due to Inflation Adjustments
WASHINGTON — In 2011, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced today. These inflation adjustments relate to eight tax provisions that were either modified or extended by...
IRS to Verify Refunds for Nonresident Aliens
The Internal Revenue Service should take immediate action to strengthen its controls over the processing of refunds issued to nonresident aliens to prevent such individuals from receiving erroneous refunds, according to a new government report.The report, by the...
2 out of 5 Americans Feel Less Financially Secure
When asked to compare their financial situation to last year, 42 percent of Americans say they feel less secure now, according to a new Harris Poll.The poll, of 2,331 adults surveyed online between Dec. 6 and 13, 2010, by Harris Interactive, found that about one-third...
Government Orders HSBC to Halt RALs for H&R Block
KANSAS CITY, MO - H&R Block shares fell Monday after it received notice from HSBC that the bank is immediately terminating refund anticipation loans and refund anticipation checks for Block as a result of a regulatory directive from the Office of the Comptroller...
IRS Says Tax Season Will Be Delayed for Some
WASHINGTON DC - Following last week’s tax law changes, the Internal Revenue Service announced Thursday the upcoming tax season will start on time for most people, but taxpayers affected by three recently reinstated deductions need to wait until mid- to late February...



