The IRS lets you count a contribution to your IRA made before April 15 as occurring the previous tax year. You could get a deduction worth thousands.
A new Pew poll that examines our feelings about fairness in taxes suggests that tax reform could be a big issue in the 2016 presidential election.
A letter from IRS saying you owe money might mean the opposite: Uncle Sam might owe you money instead.
For those who live in the 43 states that charge at least some form of state income tax, getting your Federal 1040 finished is just half the battle.
This year's Tax Freedom Day is April 24, the day when average Americans are no longer working to pay their various tax burdens.
If you have more than one filing status that you qualify for, it's up to you to pick the one that reduces what you have to pay in taxes the most.
A tax audit isn't the end of the world, but it can be a lot more difficult that it should if you go in angry, disorganized and alone.
Act fast, since criminals will often use your personal information again. Start by reporting it to the IRS, the three credit bureaus and other agencies.
If you're considering grabbing a tax break by contributing to a traditional IRA before April 15, make sure that a Roth IRA wouldn't be better for you.
If you have at least $600 worth of forgiven or canceled debt, expect to be taxed by Uncle Sam.
Some states shame delinquent taxpayers by publishing lists of their top scofflaws. Does it really collect what's owed?
Cash-strapped Americans anxious for tax refunds are increasingly turning to payment advances, prepaid cards or other costly services when getting tax help.
You could face a 50 percent penalty if you don't comply with this often-overlooked rule involving required minimum distributions from 401(k)s and IRAs.
Some taxpayers are discovering the income tax refund they thought was coming has instead has been seized to pay their defaulted student loan debt.
Federal agencies set a new record for improper payments last year, shelling out $125 billion in questionable benefits after years of declines.
All transactions have tax consequences. Are you considering such consequences when maintaining your portfolio?
Not a whole lot of people have to pay the federal estate tax, but income tax and state estate, inheritance and gift taxes can make a mess for heirs.
Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail time as part of a nationwide scam.
The IRS identifies the tax scams most likely out to get you, the innocent American, via phone calls, emails and marketing pushes.
The IRS allows some people to deduct some expenses for finding a job or moving for a new job. Here's how to figure out what you can deduct.
Make sure to include your payments to or income from shared services like Zipcar, Lyft and Airbnb when you file your taxes this year.