Gambling winnings are taxable income. But many people don't know that, or don't care, meaning the IRS is missing out on some taxes it should be collecting. With taxes ever more complicated, more individuals are turning to tax prep software for help. Here's a look at three major software packages to help you with your 2000 taxes. What estimated taxes are, why you might have to pay them and when and how to do it.
Most taxpayers meet their tax obligations thanks to withholding from paychecks.
But if you're self-employed, have a side job or have made a killing in the stock market, you'll have to pay estimated taxes. Here's what they are, why you've got to pay them and tips to make the process easier. Nanny tax rules once again in spotlight with Bush cabinet appointee Don't forget taxes when hiring household help. That nanny, gardener or home nurse is going to cost you more than salaries. You have to pay employment taxes for domestic workers, too.