Taxes

Would Trump Take Away Your Mortgage Interest Deduction?

By Rob Garver

In the complicated world of federal tax expenditures, there is perhaps no provision more loved by its beneficiaries and more hated by academic economists than the mortgage interest deduction. For...
Tax Scammers Never Sleep: IRS Names 4 Summer Scams to Avoid

By Beth Braverman

Tax season may be over, but that doesn’t mean that crooks are done impersonating the IRS to try to steal your identity — and your cash.
If Trump's Tax Plan Passes, Here Are the Deductions and Breaks You Could Lose

By John W. Schoen, CNBC

The question of whether you'll be paying more in taxes under President Donald Trump may hinge on how much you use tax deductions now. Trump has said he will unveil on Wednesday the outlines of his...
Trump’s Tax Plan Could Affect Your Social Security

By Rob Garver

The Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social...
Need a Tax Extension? 5 Things You Should Know

By Beth Braverman

If you’re among those who are going to miss the tax deadline, you’ll need to file for an extension with the IRS. Here’s what you need to know.

Two Smart Ways to Use Your Tax Refund: Which One Is Right for You?

By Lynn Wolfbrandt, Brad's Deals

Ah, the tax refund. That thing I used to spend before I even got it. Maybe you’re familiar with this fun and healthy spending pattern: Related: Haven’t Filed Yet? Lower Your Taxes With This Last...
Haven’t Filed Yet? Lower Your Taxes With This Last Minute Move

By Beth Braverman

Taxes may be due in just a few weeks, but many taxpayers can still trim their 2016 tax bill and increase their long-term financial security at the same time. That’s because tax-deductible...
The Best Ways to Use Your Tax Refund – and the Worst

By Janna Herron

Here’s what you should do with your tax refund to get closer to financial security – and what you should avoid.
Spend or Save Your Tax Refund? Here’s What Most People Are Doing This Year

By Beth Braverman

The retail boom that often follows tax season may be smaller this year, as fewer Americans are planning to spend their returns. Of the two-thirds of Americans expecting a refund this season, only one...
Here’s Why You Owe the IRS So Much in Taxes This Year

By Janna Herron

The vast majority of filers — more than 70 percent — do get money back from the government, with the average refund close to $3,000, according to the IRS. But every year, some taxpayers get a nasty...

How Obamacare Will Impact Your 2014 Taxes

By Marine Cole

The Affordable Care Act is supposed to make health care coverage more affordable to millions of Americans, but this year, it might also make filing your 2014 more cumbersome and more expensive.
Get Ready for the Most Miserable Tax Filing Season Ever

By Brianna Ehley, The Fiscal Times

As if filing your taxes isn’t painful enough, the top taxpayer advocate for the Internal Revenue Service is warning that budget cuts approved by Congress in the latest spending bill are about to make...
Why You Could Get an Extra Paycheck This Year

By Beth Pinsker, Reuters

If you are an employee who is paid every two weeks, you may be in for a nice surprise this year. For many employees, 2015 is a pay period leap year, meaning there are 27 pay periods during the 52-...
This Life Stage Is the Most Financially Challenging

By Linda Stern, Reuters

The most financially challenging state of life is not retirement, it is early career. That's the time when your salary is still probably low, but you have the longest list of expenses: career clothes...
3 Reasons to Get a Head Start on Your Taxes

By Marine Cole

Although April 15, the deadline to file your taxes, may seem far away, it’s never too early to get started.

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