The National Retail Federation is predicting that Americans will trend towards spending their tax refunds more liberally this year, based on the results of a recent survey the group conducted.
The trend would move from using tax refunds to pay down debt and saving, to start spending refunds again in what the federation described as cautious.
Consumers [...]

As tax season rolls around, you may find yourself vowing to develop a better system for storing and organizing income statements, receipts, bills and other important documents that can get lost in the shuffle of everyday life all too easily.
Keeping track of your papers can be crucial, too, if you receive a bill from your [...]

As the NBC show The Office illustrated humorously, declaring bankruptcy involves more than just verbally declaring “bankruptcy.” In fact, it’s a complex process that involves substantial legal paperwork. Here’s a look at how various bits and pieces—including your expected tax return—fit into the bankruptcy process.
Bankruptcy Documents You’ll Need
While the specific documentation required to file for [...]

Tax time can be stressful for those who end up owing the government money, especially those in dire financial straights or recovering from a recent bankruptcy filing.
The Associated Press reports that President Obama has proposed new taxes that would both create incentives for companies to hire new workers and increase the amount of money paid [...]

More than 15 million Americans may have to repay tax credits issued by the Obama Administration when they file their taxes next year, according to a report by the Chicago Tribune.
More than 10 percent of all taxpayers who file individual tax returns for 2009 could owe additional taxes, according to J. Russell George, the Treasury [...]