deductions

Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. It also happens to be Tax Freedom Day, when the average American has worked enough days to have paid all their taxes for the year.

What should you do if you owe the IRS a big bill on Tax Day, but don't have the ability to pay it right now? Don't despair -- and don't just try not sending in your return! Here are a few smarter options.

With just a week to go before April 17, it's crunch time for getting your taxes filed. If you're just now getting started, the first question you have to answer is which form you should use to file. Here's how to figure it out.

Audits are avoidable: From outlandish charitable giving to claiming a home office, there are a host of specific thing that can set of warning bells with the IRS. Here are the things the IRS looks for, and tips to help you avoid its scrutiny.

Your taxes are filed and done. Victory dance? Actually, hold on. There's one more step you should take, whether you got a big refund or owed Uncle Sam a big check: It's time to take another look at your withholding.

Like it or not, the rules for filing your taxes change every year. Even experts have to relearn the ropes annually, with law changes, new forms, and other hurdles posing a constant challenge. Here's a gallery of some of the more important changes hitting taxpayers this year.

Is the U.S. tax code designed to be confusing? At more than 70,000 pages, its complexity is hard to overstate. But forget its size: Even in its most basic terms, the IRS seems determined to muddy the waters. To help you out, we've unpacked a few of the most weaselly weasel words.

True, 47% of Americans pay no federal income tax. But, as a recent study points out, when all the other taxes we pay are factored in, the poor often pay a far greater percentage of their income in taxes than the rich.

Even if you have nothing to hide, an IRS audit is no picnic. But have you ever wondered why some tax returns get intense scrutiny while most sail through the review process? Here are 12 red flags that could increase your chances of drawing unwanted IRS attention.

A lot of tax talk focuses on tax brackets. But in order to get the full picture of what you hand over to Uncle Sam, you need to consider not your bracket, but your effective tax rate -- and those are two very different numbers.