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.
Americans didn't always pay income taxes. When did that start and what was behind the creation of the IRS?
While many Americans have seen their tax refunds go down under the new tax laws, we have some strategies to increase your tax refund.
Taxpayers in the U.S. were accustomed to taking a personal deduction off their taxes for themselves and their dependents. But the tax reform laws have eliminated that. So, will their taxes go up or down?
The most sweeping tax overhaul in decades became law in December 2017. What should U.S. taxpayers do in 2018 to benefit from the tax code changes?
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?
A repeal of the Johnson Amendment would go way beyond separation of church and state.
Pago en Especie allows artists to meet tax obligations with a piece of art, and the government builds an impressive collection. Win-win!
If you're all about taking money from rich people who don't want to cough up their dough, the Wealth Squad is where it's at.
So-called sin taxes, excise taxes on things the government deems dangerous, can discourage bad behavior, but can they be too effective?
The IRS says you're legally obligated to pay income tax on eBay profits, especially if you're a regular seller. But eBay doesn't issue 1099 forms or define "regular seller." So it can be difficult to figure out what to do — but we're here to help.
You have a shop on Etsy, while your partner owns an online travel agency. Should you both have tax ID numbers?
Here's to you, conscientious citizen. Not only are your energy-efficient home improvements good for the ol' bank account, they're good for the environment, too. You deserve a reward -- or two or three. How do some tax breaks sound?
After putting countless hours of blood, sweat and tears — not to mention money — into improving your home, don't you deserve a break? Well, the IRS certainly thinks so, having created not one, but several tax breaks just for you and your home.
Do you lose sleep every tax season, afraid that you don't know the rules? Well, they do say that the best weapon against the unknown is knowledge. Why not help yourself to a good night's sleep by arming yourself with these essential tax filing tips?
When we hear the words "lower" followed by "taxes," most of us are likely to start drooling like Pavlov's dog at the sound of a bell. But is such a thing even possible? Why, of course it is -- and it's much easier to pull off than you'd think.
The key to sorting out income taxes if you're a foreign national is determining your status as an alien and then figuring out which tax laws apply to you. We can help.
There's nothing quite like the feeling of walking home with a pocketful of hard-earned tip money. But while it may feel like tax-free dough to spend as you want, you should probably know that the IRS sees things just a little bit differently.
Getting yourself a shiny, new job is all about making the kind of money you know you deserve. But you know what else you deserve? Saving money on your taxes. And guess what? The IRS has your back with tons of ways to deduct job-search costs.
You've always wanted to open a little shop and sell your own handcrafted knickknacks — and now thanks to some grit and gumption, that dream is reality. Why not reward yourself with a little extra cash with these nifty small business tax deductions?
Being a college student is great. You're on your own, you can eat whatever you want and you get to start thinking about your future career. The best thing? Though it may not sound glamorous, you (and your parents) also get tons of tax breaks.
If there's anything certain in this world, it's that kids ask tons of questions. Sure, you may know what to say when they ask why dogs bark or why the sky is blue, but when your kids want to know about paying taxes, what should you tell them?
Saving money is not the only reason to consider doing your taxes yourself. Sometimes, you are your own best accountant. Here's why.
Employees of small businesses often don't have health insurance, or don't have enough of it. That's why a small business health care tax credit program was born. But it's hit a few snags on its journey to expand health coverage.
The Health Care Tax Credit expired on Jan. 1, 2014, to make way for the Affordable Care Act. How many people did it help during its 2002-2013 lifetime? There were an awful lot of requirements to meet.
You get two things when you donate to a charity: a feel-good moment and a tax deduction. And donations don't have to take the form of a cash or check. Property and goods and services count, too — sometimes.
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