Personal Income Taxes

Tax evasion challenges the idea that any publicity is good publicity, especially since there's more than a 90 percent conviction rate when the tax man takes a celeb to trial. Who are some of the most famous celebrity tax evaders?

By Garth Sundem

It isn't easy to become tax exempt, but it sure can make April 15 less stressful. So what type of organization qualifies?

By Susan Cassidy

Your homestead is your primary residence -- and that home of yours is protected by law. So, how do you receive property tax exemptions and guard against creditors when you face financial hardship?

By Susan Cassidy

The U.S. Social Security system acts as a giant safety net that provides financial help to retirees and younger people who have suffered a serious injury or illness. It also helps out the family members of those who have died or endured a disability.

By Ed Grabianowski

Most working adults in the U.S. associate April 15 with frantic runs to the post office, but they might feel better about federal taxes if they knew what they paid for.

By Dave Roos

Sales taxes are more a pain in the neck than actual financial burden to the average consumer. What most don't realize is that these taxes are crucial to the health of some local economies.

By Linda C. Brinson

State governments get some of their operating money from the federal government, but much of their funds come from a variety of taxes. And for many states, the largest source of revenue is income tax.

By Caitlin Uttley & Melanie Radzicki McManus

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?

By Jonathan Atteberry

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?

By Jane McGrath

Your phone service is taxed and your cable TV channels carry an added charge, too. So why is your Internet service exempt?

By John Fuller

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?

By John Barrymore

A tax shelter sounds like a nice idea. It helps you reduce your tax burden to the IRS. There are many legitimate tax shelters, but some can be used for wrongdoing.

By John Barrymore

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?

By John Barrymore & Kathryn Whitbourne

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?

By John Barrymore

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?

By John Barrymore

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.

By Sarah Siddons

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?

By Ed Grabianowski & John Barrymore

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?

By Dave Roos

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.

By the Editors of Publications International, Ltd.

When online sales of virtual assets for hundreds and thousands of dollars became commonplace, Congress took notice and asked the GAO to investigate. What did its report reveal?

By Julia Layton & Dave Roos

If April rolls around and all you've pulled together to file your taxes is a messy pile of receipts and statements, you may need a little organizational help. We've got a few tips to help you turn that mess into a neat financial statement.

By Stephanie Watson & Sidney A Blum CFP, CPA/PFS, ChFC

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. But paying income tax is a fairly recent activity in America. Find out its history and some alternative proposals.

By Kevin Bonsor & Dave Roos