Taxes are inevitable, but if you are educated, you can soften their impact. Learn about tax and money organization, income taxes and other topics in the Taxes channel.
Are you spiraling toward tax day with questions still unanswered? Uncertainty and confusion can cause us to procrastinate, but these insider tips will take you past April 15 with your sanity still intact. See more »
The faster April 15 approaches, the more rushed we are when we prepare our taxes. And that's never good news where mistakes or the IRS is concerned. So which errors do we make the most?
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When online sales of virtual assets for hundreds and thousands of dollars became commonplace, the IRS took notice. Find out how the IRS could tax entirely virtual transactions.
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You already know that when you sell your stocks, you've got to pay taxes on the profits. But did you know you're supposed to pay taxes for selling your old comic books, too?
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You sign your Form 1040, seal it up in an envelope and send it off to the IRS. But then, you're shuffling through your file cabinet when you come across a W2 you forgot to file. What now?
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April 15: People rush to complete their tax forms and race to the post office to mail them. If you get your envelope postmarked before midnight, you're in the clear, nothing to worry about. But what happens if you don't?
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You get a letter in the mail, a letter emblazoned with the gut-wrenching acronym, IRS. You say to yourself: "But I filed on time! I paid all my taxes!"" How does the IRS decide who to audit?
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If you've ever filled out a 1040, you know the U.S. tax system and the agency that keeps it going are complex and mystifying entities. Get the lowdown on this essential piece of the U.S. government.
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Death tax. Estate tax. Inheritance tax. They all mean the same thing: The government imposes a tax on a grieving heir for any money they receive from the deceased. What is the tax that is levied, and how much will this tax cost you?
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You may already know that you need to pay property taxes on your real estate. But what about your car, the new boat you just bought, or even Fido? Depending on what state you live in, you could have to pay personal property taxes.
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You might be on your last dollar, but it's not always a reason to sing the blues. In fact, in the strange world of taxation, your last dollar could actually put you in a higher tax bracket. So what does that mean for you and your money?
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You've probably heard the phrase "tax deductions"" a hundred times. But what does it mean? What are tax deductions and how do they work? And why are tax deductions so important?
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Tax shelter. It sounds like a nice idea. After all, if you want to take shelter from something, storms and taxes are the first two things on the list. There are many legitimate tax shelters. But, as with most things, tax shelters can be used for wrongdoing.
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In 2008, President Bush signed the Economic Stimulus Act, which will gave more than 130 million households a rebate from their 2007 tax returns. What are the rules for this type of tax rebate?
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Some people think the IRS is an impersonal government agency that's just out to siphon the first of their hard-earned incomes. But what's the rationale behind the taxes this agency collects and its tactics?
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Charitable contributions are a great way to simultaneously help people in need and give yourself a tax break. But are there restrictions on what you can claim on your taxes?
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Your phone service is taxed and your cable TV channels carry an added charge, too. So why is your Internet service exempt?
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Flat tax. FairTax. Bumper stickers and blogs tout them as solutions to income tax rates. But how could these plans change the way Americans are taxed on the money they earn?
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Whether you're a tax whiz or you farm your return out to the professionals, it's good to know a bit about how to file your taxes. Test your income tax know-how in this quiz.
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Are you spiraling toward tax day with questions still unanswered? Uncertainty and confusion can cause us to procrastinate, but these insider tips will take you past April 15 with your sanity still intact.
See more »The first key to financial sanity is organization. Our downloadable daily references help you keep up with all your important information so you can start budgeting and focusing on your future.
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