Amt

How Inflation Will Cut Your Taxes in 2014

When it comes to taxes, inflation's bite need not be too painful: The government makes adjustments to reflect the higher cost of living. Here's what you'll save in 2014.

Ready for Your Tax Refund? The IRS Is Ready for Your Return

Millions of Americans count on getting their tax refunds as soon as possible, but thanks to Congress, ASAP hasn't been all that soon this year. However, the IRS has worked through all the changes from the long-delayed fiscal cliff deal and is ready to start taking all of our tax returns.

Walmart Blames Taxes for February Sales 'Disaster'

Walmart released its fourth-quarter results Thursday morning, reporting a mixed bag on earnings and sales. But the big story of the day was the retail giant's February sales "disaster," which it blamed largely on tax issues.

Meet the 'Voice of the Taxpayer': Nina Olson Speaks for You

Think you're on your own if you want your tax-related concerns heard in Washington? Well, you're not. Since 1979 there's been an official advocate who has the ear of Congress, regularly making a stink on taxpayers' behalf, aiming for a fairer, simpler, system.

Will Tax Refunds Go Out on Time? Late AMT Fix Has IRS Scrambling

The fiscal cliff compromise has been signed, clearing up a host of questions about taxes for the near future, and the year that just ended. But the long wait for answers left the IRS in limbo, and that may mean millions of refund checks will be delayed too.

8 Retirement Money Questions for 2013

As 2012 draws to a close, people in or nearing retirement face a stunning set of uncertainties about their finances and even basic health and retirement benefits. Here are 8 pressing money and issues that are bearing down on seniors.

Higher Taxes in 2013? You're Already Paying Them for 2012

More than 70 tax breaks enjoyed by individuals and businesses expired at the end of 2011. If Congress doesn't extend them retroactively back to the beginning of this year, a typical middle-class family could face a $4,000 tax increase when it files its 2012 return.

Why Your 2012 Tax Bill May Jump By $8,000

Thanks to yet another lapse by Congress, more than 20 million taxpayers may pay a tax in 2012 that was originally designed to hit only the ultra-rich. It may not happen -- but you should plan ahead for it in case it does.

Get Ready to Pay Thousands of Dollars More in Taxes

Lawmakers have gotten in the habit of waiting until the last minute to extend many tax breaks, but last year, they ran out of time. Now, unless Congress acts soon, millions of Americans are face changes that could leave them sending thousands of dollars a year more to the IRS.

AMT Relief in the Works, Says Congress

lady looking worried over her taxesImagine having to calculate your federal income taxes twice. That's actually what will happen to more than 20 million taxpayers in 2011 if Congress...