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10 Fascinating Facts About Tax Preparation That Will Actually Blow Your Mind

Amount of income, number of deductions, total receipts, amount of times you banged your head on the table: April is the month of figures.

If the amount of money in your bank account and number on your tax return are making you crazy, take a break, take a breath and distract yourself with some of these numbers from the IRS.

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YouTube
YouTube
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George W. Bush Dismayed Over Tax Policy Bearing His Name [VIDEO]

Ever since former President George W. Bush left office in 2008, he’s kept a pretty low profile. But on Tuesday, he made a rare public appearance to talk about taxes — specifically, how his tax cuts for the rich shouldn’t be allowed to expire.

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Category: Political Tags: ,
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Filing Your Taxes at the Last Minute? Here Are Five Things You Need to Know

Remember the kids who always sat in the front of the classroom, the ones who reminded the teacher when she forgot to hand out homework? Those kids grew up into adults who get their oil changed every 3,000 miles, visit the dentist every six months like clockwork and file their taxes as soon as they can.

Then there were the back of the class kids. They’re now the reasons dentists send those “we’ve missed you” cards and cars have low oil lights. If you’re a “back of the classroom” kid, don’t worry — there’s still time to get those taxes filed. Here are a few handy tips for the procrastinators of the world.

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Thinkstock
Thinkstock
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10 Things You Definitely Should Not Do on Your Taxes

So, you think you’re ready to file your taxes, huh? Well, not so fast.

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Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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The IRS May Want You

Marcy, NY (WIBX) - The IRS may want you...but for a good reason.

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Category: National News, New York News Tags: ,
Mark Wilson, Getty Images
Mark Wilson, Getty Images
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What Do You Plan On Doing with Your Tax Refund? — Survey of the Day

The good news is that 67 percent of Americans expect to to get a refund from the IRS this year. The bad news is that much of this money is going to be spent taking care of other debts, rather than be used for something fun.

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Gino Geruntino, WIBX
Gino Geruntino, WIBX
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Officials Holding “Plain Talk Sessions” On Utica’s Budget Woes

Utica, NY (WIBX) - In light of the City of Utica's fiscal year budget for 2012-13--predicting steep tax increases and job losses ahead--some local officials are holding a series of what they call, "Plain Talk Sessions" with the public.

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Getty Images
Getty Images
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RCIL Offers Free Tax Prep Service

Utica, NY (WIBX) - The 2011 tax season is well underway.

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Category: Utica-Rome News Tags: ,
Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Is Cheating on Your Taxes Okay? More Americans Say ‘Yes’ — Dollars and Sense

Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share.

An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns doubled compared to 2010.

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Christopher Furlong, Getty Images
Christopher Furlong, Getty Images
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British Prime Minister David Cameron Considers Implementing ‘Fat Tax’

Citing a desire to avoid soaring health costs and shortened life expectancies, British Prime Minister David Cameron will consider introducing a “fat tax” similar to one recently introduced in Denmark.

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