tax tips

Avoid These Classic Taxpayer Errors

Changing rules and new forms make it easy to make mistakes when filing taxes. Before sending your return, make sure you're not making these classic errors.

Tax Advice for Millennials

Filing taxes can be especially daunting for millennials, who have less practice filing their taxes and are often eligible for an array of tax deductions and credits.

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.

Is the Saver's Tax Credit Right for You?

Low- and moderate-income families can save money on their taxes every year with the Saver's Credit. That includes contributions to traditional IRAs, Roth IRAs, and 401(k)s.

Ways to Save on Taxes All Year Round

If you managed to claim every possible tax break that you deserved when you filed your return last spring, pat yourself on the back. But don't stop there. Here's why.

Smarter Ways to Give to Charity

Many people scramble to make charitable contributions before Dec. 31 to get a tax break, but that may not be the best move for either their finances or charities.

5 Ways to Pay the IRS Less Next April

If you're still in shock from the amount of taxes you just paid, start working now to reduce what you send the IRS next year. Here are five ways you can shave your tax bill.