http://news.aol.com Latest News Articles From AOL News Copyright 2005 America Online, Inc. Wed, 10 Feb 2010 06:33:44 GMT AOLNews, LLC 2010-02-10T06:33:44Z Copyright 2005 America Online, Inc. http://www.aolcdn.com/dynanews/aolnewslogo_small http://news.aol.com AOL News! http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611 Personal finance experts Ken and Daria Dolan of Dolans.com share the 10 most common mistakes people make on their tax returns so that you can learn from them. Taxes Tax Advice Tax Basics Fri, 05 Feb 2010 15:37:36 GMT 888611 2010-02-05T15:37:36Z <a name="888611"></a><div class="hentry a888611" reltag="Taxes"> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611">10 Most Common Tax Mistakes </a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2010-02-05T10:37:36Z">posted:<span class="bylinDt"> 4 DAYS 14 HOURS AGO</span>comments:<span class="cmnt"> 0</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 0 --> <div class="synpTxt">Personal finance experts Ken and Daria Dolan of Dolans.com share the 10 most common mistakes people make on their tax returns so that you can learn from them.</div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611">Full Coverage</a></div> </div> <div class="synpRatng"><a class="addthis_button_digg" href="javascript: void(0)"><span class="digg">DIGG</span></a><a class="addthis_button_email" addthis:url="http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611" addthis:title="10 Most Common Tax Mistakes " href="javascript: void(0)"><span class="emai">Email</span></a><a href="http://www.addthis.com/bookmark.php" style="text-decoration:none;" onmouseover="return addthis_open(this, '', 'http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611', '10 Most Common Tax Mistakes ');" onmouseout="addthis_close();" onclick="return addthis_sendto();"><img src="http://o.aolcdn.com/art/ch_news/plussym12x12" border="0" alt="Share" /><span class="share">Share</span></a> <a class="nbdr" href="http://www.walletpop.com/taxes/article/10-most-common-tax-mistakes-to-avoid/888611#Comments"><span class="synpCmnt">Comments (0)</span></a> </div></div> http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490 There are plenty of "T" words keeping us busy this time of the year... Tinsel, Tailgating, Toys for Tots...and... Taxes! Personal finance experts Ken and Daria Dolan bring up the dreaded "T" word at this festive time of year for good reason. They promise that if you'll take just a few minutes before the ball drops to make some simple year-end money moves, you can minimize your taxes and have something to celebrate next April. Online Taxes Taxes Tax Advice Tax Basics Thu, 28 Jan 2010 20:02:21 GMT 807490 2010-01-28T20:02:21Z <a name="807490"></a><div class="hentry a807490" reltag="Online Taxes"> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490">2009 Year-End Tax Tips</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2010-01-28T15:02:21Z">posted:<span class="bylinDt"> 12 DAYS 10 HOURS AGO</span>comments:<span class="cmnt"> 0</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes/online">Online Taxes</a>, <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 0 --> <div class="synpTxt">There are plenty of "T" words keeping us busy this time of the year... Tinsel, Tailgating, Toys for Tots...and... Taxes! Personal finance experts Ken and Daria Dolan bring up the dreaded "T" word at this festive time of year for good reason. They promise that if you'll take just a few minutes before the ball drops to make some simple year-end money moves, you can minimize your taxes and have something to celebrate next April.</div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490">Full Coverage</a></div> </div> <div class="synpRatng"><a class="addthis_button_digg" href="javascript: void(0)"><span class="digg">DIGG</span></a><a class="addthis_button_email" addthis:url="http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490" addthis:title="2009 Year-End Tax Tips" href="javascript: void(0)"><span class="emai">Email</span></a><a href="http://www.addthis.com/bookmark.php" style="text-decoration:none;" onmouseover="return addthis_open(this, '', 'http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490', '2009 Year-End Tax Tips');" onmouseout="addthis_close();" onclick="return addthis_sendto();"><img src="http://o.aolcdn.com/art/ch_news/plussym12x12" border="0" alt="Share" /><span class="share">Share</span></a> <a class="nbdr" href="http://www.walletpop.com/taxes/article/2009-year-end-tax-tips/807490#Comments"><span class="synpCmnt">Comments (0)</span></a> </div></div> http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031 Taxes Tax Advice AMT Tax Basics Tax Credit Tax Deduction Wed, 15 Apr 2009 15:10:50 GMT 428031 2009-04-15T15:10:50Z <a name="428031"></a><div class="hentry a428031" reltag="Taxes"> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031">Tax Day Freebies - April 15 </a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-04-15T11:10:50Z">posted:<span class="bylinDt"> 300 DAYS 15 HOURS AGO</span>comments:<span class="cmnt"> 0</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/amt">AMT</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a>, <a href="http://www.walletpop.com/taxes/credit">Tax Credit</a>, <a href="http://www.walletpop.com/taxes/deduction">Tax Deduction</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 2.1 --> <div class="synpTxt">Get all the info you need to get some free stuff today! Don't miss out!</div> <!-- enhAlign: Centered, enhSize: Large--> <!-- enhAlign Number: 3, enhSize Number: 3--> <a href="#axs647" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanCenter"> <div class="enhanCenterInner enhanLarge enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_2_1--><!-- START SWF PUBLISHER --> <div id='swfpub_267995'> <script src='http://www.aolcdn.com/ke/swfobject/aol_swfobject.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/ke/swfobject/alt_content.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/ke/swfobject/aol_swfobject_helper.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/ke/swfobject/ke_kit_refresh.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/_media/modtools/swfpublisherproxy.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/_media/channels/jfs_msgr.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/_media//kegallerypub/ke_popup_456t.js' type='text/javascript' language='javascript' charset='utf-8'></script> <script src='http://www.aolcdn.com/ke/swfobject/ke_kit_popup.js' type='text/javascript' language='javascript' charset='utf-8'></script> <link rel='stylesheet' type='text/css' href='http://www.aolcdn.com/_media//kegallerypub/photogallery_popup.css' /> <link rel='stylesheet' type='text/css' href='http://www.aolcdn.com/_media//kegallerypub/photogallery_popup_456t.css' /> <div id='walletpop-credit_cancelled' name='walletpop-credit_cancelled-DALAJO-v1.5' type='kex_011'> <div id='walletpop-credit_cancelled-swf' style='width:700px;height:650px;'></div> </div> <script type='text/javascript' language='javascript' charset='utf-8'> soKe.flace('walletpop-credit_cancelled', '700', '650'); 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</script> </div> <!-- END SWF PUBLISHER --> </div> </div> <a name="axs647"></a> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031">Full Coverage</a></div> </div> <div class="synpRatng"><a class="addthis_button_digg" href="javascript: void(0)"><span class="digg">DIGG</span></a><a class="addthis_button_email" addthis:url="http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031" addthis:title="Tax Day Freebies - April 15 " href="javascript: void(0)"><span class="emai">Email</span></a><a href="http://www.addthis.com/bookmark.php" style="text-decoration:none;" onmouseover="return addthis_open(this, '', 'http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031', 'Tax Day Freebies - April 15 ');" onmouseout="addthis_close();" onclick="return addthis_sendto();"><img src="http://o.aolcdn.com/art/ch_news/plussym12x12" border="0" alt="Share" /><span class="share">Share</span></a> <a class="nbdr" href="http://www.walletpop.com/taxes/article/_a/bbdp/tax-day-freebies-april-15/428031#Comments"><span class="synpCmnt">Comments (0)</span></a> </div></div> http://www.walletpop.com/blog/2009/04/03/two-tips-to-take-the-sting-out-of-paying-uncle-sam-next-year/ One of our bloggers owes Uncle Sam this year, thanks to his prolific writing, but he's learned a few things that will make his tax season a little brighter next year, and he wants to share them with you (and earn a few bucks while doing so!) Taxes Tax Advice Tax Basics Fri, 03 Apr 2009 18:10:57 GMT 413334 2009-04-03T18:10:57Z <a name="413334"></a><div class="hentry a413334" reltag="Taxes"> <div class="synpTtlArt"><img src="http://www.aolcdn.com/mf_news/walletpop__blog_eyebrow" alt="WalletPop Blog" title="WalletPop Blog" /></div> <h3 class="entry-title TtlArt"><a rel="bookmark" href="http://www.walletpop.com/blog/2009/04/03/two-tips-to-take-the-sting-out-of-paying-uncle-sam-next-year/">Today's Tax Regrets Are Next Year's Smiles</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-04-03T14:10:57Z">posted:<span class="bylinDt"> 312 DAYS 12 HOURS AGO</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 0.1 --> <!-- enhAlign: Right, Wrap, enhSize: Small--> <!-- enhAlign Number: 4, enhSize Number: 1--> <a href="#axs122" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanRightWrap"> <div class="enhanRightWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_0_1--><div class="photo"><img src="http://o.aolcdn.com/photo-hub/news_gallery/5/7/575063/1221173829451.JPEG" alt="Taxes" width="186" height="124" /></div> </div> </div> <a name="axs122"></a> <div class="synpTxt">One of our bloggers owes Uncle Sam this year, thanks to his prolific writing, but he's learned a few things that will make his tax season a little brighter next year, and he wants to share them with you (and earn a few bucks while doing so!) <b>Also see:</b> <a href="http://www.smartmoney.com/Personal-Finance/Taxes/The-Presidents-Budget-Why-It-Could-Hurt-Your-Tax-Bill/" target="new" />How the New Budget Could Hurt Your Tax Bill</a></div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/blog/2009/04/03/two-tips-to-take-the-sting-out-of-paying-uncle-sam-next-year/">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.walletpop.com/blog/2009/04/03/ask-the-dolans-how-can-we-pay-back-taxes-while-unemployed/ If you owe back taxes, but don't have a job, Ken and Daria Dolan have some good news for you: There's help available. Here's what you need to do in order to keep the government from coming after you. Fri, 03 Apr 2009 17:16:32 GMT 413284 2009-04-03T17:16:32Z <a name="413284"></a><div class="hentry a413284" reltag=""> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/blog/2009/04/03/ask-the-dolans-how-can-we-pay-back-taxes-while-unemployed/">Back Taxes + Job Loss = Bad News</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-04-03T13:16:32Z">posted:<span class="bylinDt"> 312 DAYS 13 HOURS AGO</span></abbr></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 2.1 --> <div class="synpTxt">If you owe back taxes, but don't have a job, Ken and Daria Dolan have some good news for you: There's help available. Here's what you need to do in order to keep the government from coming after you. </div> <!-- enhAlign: Centered, enhSize: Large--> <!-- enhAlign Number: 3, enhSize Number: 3--> <a href="#axs654" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanCenter"> <div class="enhanCenterInner enhanLarge enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_2_1--><embed width="450" height="376" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash" swliveconnect="true" type="application/x-shockwave-flash" seamlesstabbing="false" name="flashObj" base="http://admin.brightcove.com" flashvars="playerId=16473895001&amp;viewerSecureGatewayURL=https://console.brightcove.com/services/amfgateway&amp;servicesURL=http://services.brightcove.com/services&amp;cdnURL=http://admin.brightcove.com&amp;domain=embed&amp;autoStart=false&amp;" bgcolor="#FFFFFF" src="http://c.brightcove.com/services/viewer/federated_f8/16473895001"></embed> </div> </div> <a name="axs654"></a> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/blog/2009/04/03/ask-the-dolans-how-can-we-pay-back-taxes-while-unemployed/">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.walletpop.com/taxes/is-it-deductible-quiz Ever have sticker shock over the bottom line of your tax return and start to think about some "creative accounting", looking for deductions wherever you can find them? Before you get into trouble, test how well you know what is and isn't deductible. Taxes Tax Advice AMT Audit Tax Basics Tax Credit Tax Deduction Sat, 28 Mar 2009 17:24:31 GMT 402014 2009-03-28T17:24:31Z <a name="402014"></a><div class="hentry a402014" reltag="Taxes"> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/is-it-deductible-quiz">Tax Quiz: Is It Deductible?</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-03-28T13:24:31Z">posted:<span class="bylinDt"> 318 DAYS 13 HOURS AGO</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/amt">AMT</a>, <a href="http://www.walletpop.com/taxes/audit">Audit</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a>, <a href="http://www.walletpop.com/taxes/credit">Tax Credit</a>, <a href="http://www.walletpop.com/taxes/deduction">Tax Deduction</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 1.1 --> <!-- enhAlign: Left, Wrap, enhSize: Small--> <!-- enhAlign Number: 1, enhSize Number: 1--> <a href="#axs567" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanLeftWrap"> <div class="enhanLeftWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_1_1--><div class="enhanPhoto"><img src="http://o.aolcdn.com/photo-hub/news_gallery/6/0/607724/1238186319192.JPEG" alt="" width="186" height="124" /> <div class="credit">AOL | AP</div></div> </div> </div> <a name="axs567"></a> <div class="synpTxt">Ever have sticker shock over the bottom line of your tax return and start to think about some "creative accounting," looking for deductions wherever you can find them? Before you get into trouble, test how well you know what is and isn't deductible. </div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/is-it-deductible-quiz">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.smartmoney.com/Personal-Finance/Taxes/10-Things-the-IRS-will-not-Tell-You Tax preparation is more complicated this year than even, especially for people who have had drastic shifts in their financial situation, and that's all the more true because the IRS is keeping some secrets from you. Wed, 25 Mar 2009 17:07:21 GMT 397561 2009-03-25T17:07:21Z <a name="397561"></a><div class="hentry a397561" reltag=""> <h3 class="entry-title "><a rel="bookmark" href="http://www.smartmoney.com/Personal-Finance/Taxes/10-Things-the-IRS-will-not-Tell-You">10 Things the IRS Won't Tell You</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-03-25T13:07:21Z">posted:<span class="bylinDt"> 321 DAYS 13 HOURS AGO</span></abbr></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 0.1 --> <!-- enhAlign: Right, Wrap, enhSize: Small--> <!-- enhAlign Number: 4, enhSize Number: 1--> <a href="#axs99" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanRightWrap"> <div class="enhanRightWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_0_1--><div class="photo"><img src="http://o.aolcdn.com/photo-hub/news_gallery/5/7/575063/1221173829451.JPEG" alt="Taxes" width="186" height="124" /></div> </div> </div> <a name="axs99"></a> <div class="synpTxt">Tax preparation is more complicated this year than even, especially for people who have had drastic shifts in their financial situation, and that's all the more true because the IRS is keeping some secrets from you. </div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.smartmoney.com/Personal-Finance/Taxes/10-Things-the-IRS-will-not-Tell-You">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.walletpop.com/blog/2009/03/13/stimulate-us-new-tax-credits-that-will-help-you-in-april-2010/ Tax Day for your 2008 return is just around the corner, but it's not to early to start thinking about all the new credits you'll be getting on your upcoming filings thanks to the stimulus bill. Here's your guide to planning ahead for 2010! Taxes Tax Advice AMT Audit Tax Basics Tax Credit Tax Deduction Fri, 13 Mar 2009 20:18:15 GMT 382007 2009-03-13T20:18:15Z <a name="382007"></a><div class="hentry a382007" reltag="Taxes"> <div class="synpTtlArt"><img src="http://www.aolcdn.com/mf_news/walletpop__blog_eyebrow" alt="WalletPop Blog" title="WalletPop Blog" /></div> <h3 class="entry-title TtlArt"><a rel="bookmark" href="http://www.walletpop.com/blog/2009/03/13/stimulate-us-new-tax-credits-that-will-help-you-in-april-2010/">Plan Ahead for Your 2010 Taxes</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-03-13T16:18:15Z">posted:<span class="bylinDt"> 333 DAYS 10 HOURS AGO</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/advice">Tax Advice</a>, <a href="http://www.walletpop.com/taxes/amt">AMT</a>, <a href="http://www.walletpop.com/taxes/audit">Audit</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a>, <a href="http://www.walletpop.com/taxes/credit">Tax Credit</a>, <a href="http://www.walletpop.com/taxes/deduction">Tax Deduction</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 0.1 --> <!-- enhAlign: Right, Wrap, enhSize: Small--> <!-- enhAlign Number: 4, enhSize Number: 1--> <a href="#axs670" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanRightWrap"> <div class="enhanRightWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_0_1--><div class="enhanPhoto"><img src="http://o.aolcdn.com/photo-hub/news_gallery/5/9/596245/1232033967233.JPEG " alt="" width="186" height="124" /> <div class="credit">Tetra Images</div></div> </div> </div> <a name="axs670"></a> <div class="synpTxt">Tax Day for your 2008 return is just around the corner, but it's not to early to start thinking about all the new credits you'll be getting on your upcoming filings thanks to the stimulus bill. Here's your guide to planning ahead for 2010!</div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/blog/2009/03/13/stimulate-us-new-tax-credits-that-will-help-you-in-april-2010/">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.walletpop.com/taxes/tax-penalties What happens when you cheat on your taxes? For one thing, you could lose your nomination for a cabinet position in the Obama administration. You could end up in jail like Wesley Snipes, or you could end up with a big fine. You may think these kinds of penalties only happen to the famous tax cheats, but regular folks get in hot water too. Tue, 10 Mar 2009 22:40:40 GMT 377727 2009-03-10T22:40:40Z <a name="377727"></a><div class="hentry a377727" reltag=""> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/tax-penalties">What Will the IRS Do to You?</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-03-10T18:40:40Z">posted:<span class="bylinDt"> 336 DAYS 7 HOURS AGO</span></abbr></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 1.1 --> <!-- enhAlign: Left, Wrap, enhSize: Small--> <!-- enhAlign Number: 1, enhSize Number: 1--> <a href="#axs159" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanLeftWrap"> <div class="enhanLeftWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_1_1--><div class="enhanPhoto"><img src="http://o.aolcdn.com/photo-hub/news_gallery/6/0/605031/1236724554866.JPEG " alt="" width="186" height="124" /> <div class="credit">Corbis</div></div> </div> </div> <a name="axs159"></a> <div class="synpTxt">What happens when you cheat on your taxes? For one thing, you could lose your nomination for a cabinet position in the Obama administration. You could end up in jail like Wesley Snipes, or you could end up with a big fine. You may think these kinds of penalties only happen to the famous tax cheats, but regular folks get in hot water too.</div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/tax-penalties">Full Coverage</a></div> </div><div class="synpShrHide"></div></div> http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651 Out of work and drawing unemployment? Be forewarned -- those government jobless benefits are taxed just like income, and if you haven't made preparations to pay come mid-April, you could be facing a nasty tax bill. Taxes Tax Basics Fri, 06 Mar 2009 00:17:44 GMT 371651 2009-03-06T00:17:44Z <a name="371651"></a><div class="hentry a371651" reltag="Taxes"> <h3 class="entry-title "><a rel="bookmark" href="http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651">IRS Eyes Unemployment Benefits Too</a></h3> <h4 class="byline"> <span class="posted"><abbr class="synpAbbr" title="2009-03-05T19:17:44Z">posted:<span class="bylinDt"> 341 DAYS 6 HOURS AGO</span>comments:<span class="cmnt"> 0</span></abbr></span></h4> <h4 class="byline"> <span class="filedUnder">filed under: <a href="http://www.walletpop.com/taxes">Taxes</a>, <a href="http://www.walletpop.com/taxes/basics">Tax Basics</a></span></h4> <div class="entry-summary"><!-- Enhancement List size = 1 --><!-- adding key 0.1 --> <!-- enhAlign: Right, Wrap, enhSize: Small--> <!-- enhAlign Number: 4, enhSize Number: 1--> <a href="#axs240" style="display:block;position:absolute;left:-3000px;">Skip over this content</a> <div class="enhanRightWrap"> <div class="enhanRightWrapInner enhanSmall enhanCmn"><!-- contentType = html--><!-- column slot = synopsis_paragraph_0_1--><div class="enhanPhoto"><img src="http://o.aolcdn.com/photo-hub/news_gallery/6/0/604304/1236298492742.JPEG" alt="1040 tax form " width="186" height="124" /> <div class="credit">Tim Boyle/Getty Images</div></div> </div> </div> <a name="axs240"></a> <div class="synpTxt">Out of work and drawing unemployment? Be forewarned -- those government jobless benefits are taxed just like income, and if you haven't made preparations to pay come mid-April, you could be facing a nasty tax bill.</div> <div class="entry-permalink"> <a rel="bookmark" href="http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651">Full Coverage</a></div> </div> <div class="synpRatng"><a class="addthis_button_digg" href="javascript: void(0)"><span class="digg">DIGG</span></a><a class="addthis_button_email" addthis:url="http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651" addthis:title="IRS Eyes Unemployment Benefits Too" href="javascript: void(0)"><span class="emai">Email</span></a><a href="http://www.addthis.com/bookmark.php" style="text-decoration:none;" onmouseover="return addthis_open(this, '', 'http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651', 'IRS Eyes Unemployment Benefits Too');" onmouseout="addthis_close();" onclick="return addthis_sendto();"><img src="http://o.aolcdn.com/art/ch_news/plussym12x12" border="0" alt="Share" /><span class="share">Share</span></a> <a class="nbdr" href="http://www.walletpop.com/taxes/article/_a/bbdp/irs-eyes-unemployment-benefits-too/371651#Comments"><span class="synpCmnt">Comments (0)</span></a> </div></div>