Tax Tips
Home and Family Taxes
Taxes on custodial accounts to rise in 2008 (The Providence Journal) | Taxes on custodial accounts to rise in 2008 (The Providence Journal) |
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[link] 08/03/2007: The latest twists and turns of tax law make it clear that children aren?t tax shelters ? at least not dependable ones. And if you have a college-age student, you need to know that your student no longer will be able to pay pint-size taxes on super-size investments in custodial accounts, beginning next year. Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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