tax deductions

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.

How to Amend a Tax Return

If you're just now realizing that you missed out on a tax deduction or credit for 2012, don't worry: You can file an amended return for up to three years.

Last-Minute Tax Filing Tips

Use these tax filing tips to avoid missing deductions or credits and paying the IRS more than you owe. Or worse, making mistakes that could get you in trouble with the taxman.

8 States Making Tax Changes: Some Painful, Some Pleasant

As you prepare your tax returns for 2012, be warned: A number of states have made or are considering big changes to their state income taxes. With some of those changes already having taken effect, you need to know whether you're in the line of fire -- or in line for a tax break.

6 Strange New Taxes That May Be Headed Your Way

With both the sequester and tax filing season under way, most people thinking about taxes have their minds on Washington, D.C. But a new Time article points out six new, and frankly strange, state taxes that may be coming your way in the near future.

Picking the Right Tax Preparer (Hint: It's Probably Not Uncle Ed)

The tax code is incredibly complicated, and it changes often, so hiring a skilled pro to help you file your tax return can be a good investment. But even that isn't simple: There are many kinds of tax preparers. Here's how to find the one who's right for you.

How to Do Your Taxes if You're a Homeowner

If you're a homeowner, you've got a slice of the American dream, and the tax breaks that go along with it. Whether you bought, sold or just happily lived in your home this year, we'€™ll walk you through all the tax stuff you need to know.

Could Itemizing Save You on Taxes? Find Out

Though we all groan about having to pay taxes, the government is nice enough not to tax us on everything we earn. There are two big buckets of deductions the government gives us: The first are called "above the line," and the second are called "below the line," and those are what we'll cover here.