Obama's New Order: No Government Contracts for Tax Cheats

President Barack Obama on Wednesday signed an executive order directing the Office of Management and Budget and other federal agencies to keep contractors who are delinquent on their taxes from getting new contracts with the government. He also directed the IRS to review contractor filings to ensure the companies are not lying about the taxes they've paid.

Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
The 10 Most Overlooked Tax Deductions
Don't overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more money in your pocket.
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States with the Lowest Taxes and the Highest Taxes
Where you live can help or hinder your ability to make ends meet. A myriad of taxes—property, license, state and local sales, property, inheritance, estate and excise taxes on gasoline—eat away at your disposable income. Weighing the tax landscape against your financial picture lets you stretch your dollars. Here's a roundup of the highest and lowest taxes by state.
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What to Do After You've Filed an Income Tax Extension
No matter how or when you file your taxes, here's a guide to next steps.
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Child Tax Credit Calculator and Top 7 Requirements
The Child Tax Credit can significantly reduce your tax bill if you meet all seven requirements: 1. age, 2. relationship, 3. support, 4. dependent status, 5. citizenship, 6. length of residency and 7. family income. You and/or your child must pass all seven to claim this tax credit.
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