tax laws

Best (and Worst) States To Be a Taxpayer

The tax burden the average American pays varies tremendously and much depends on where you live, according to a study that ranked all 50 states and the District of Columbia.

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.

Are You Paying the iTunes Tax?

Nearly half of U.S. states charge sales tax on digital goods: If you live in one of them, you may be paying more for everything from downloaded music to streaming video.

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.

The IRS Wants to Tax Your Illegal Income

Believe it or not, the federal government requires that money acquired through illegal means be reported and taxed just like legitimate income. The instructions are right there on the income tax form.

New Taxes in 2013: What You'll Pay

Several new taxes in 2013 will raise tax bills for millions of Americans, and the groups that are the most affected by the changing of the calendar may surprise you. Here's a list of new taxes that took effect as of Jan. 1:

10 New Tax Rules for 2008 Taxes

With each new year comes a new batch of tax rules and miscellaneous changes to the laws that taxpayers need to be aware of. There's no denying that...