income tax

The 5 Most Asked Tax Questions

Whether your tax question is about claiming a parent as a dependent or deducting your books for college, an expert offers advice on them all.

5 Ways Taxes Can Affect Your Credit

Finding that you owe the IRS money come tax time shouldn't affect your credit reports. But if you don't have the money to pay what you owe, it can affect your credit score.

Will You Get Audited This Year?

Claiming an excessive amount for charitable donations and forgetting to include a form are among the most common reasons for audits.

Tax Savings for Young People

Young taxpayers should plan these moves throughout the year to reduce their taxable income and earn more tax deductions. Here's where to find big savings.

Tax Savings for Empty-Nesters

Empty-nesters should make these moves throughout the year to keep their bill low at tax time. Here are the areas where you should look for savings.

5 Free Tax Resources for Retirees

The IRS has some excellent resources for seniors and retirees, whether you complete your own taxes or delegate that task to someone else.

Don't Overlook These Tax Deductions

2013 was a great year for many investors, but there's a downside. All those market gains may have left you with a lot more income to report.

Where Do You Rank as a Taxpayer?

Regardless of how much you earn, are you bearing your fair share of the nation's tax burden? Here's a simple wait to find out.