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...

Tax Season by the Numbers: What You Need to Know

By Marine Cole

With the tax filing deadline looming at midnight on April 15, a treacherous tax season is finally coming to an end. Here’s what you need to know.
Tax Day: Americans Muddle Through a Flawed System

By Rob Garver

With Tax Day nearly here, a new poll from the Pew Research Center finds that 57 percent of Americans believe they pay either the right amount of taxes – or something less than their fair share. But...
The Best and Worst States for Paying Taxes in 2015

By Eric Pianin

As Americans take stock of their personal finances with Tax Day looming, a new study provides a useful reminder that geography is often destiny when it comes to their overall tax burden. The consumer...
IRS Struggles to Help Victims of Identity Fraud

By Brianna Ehley, The Fiscal Times

It’s been a challenging tax filing season for the Internal Revenue Service. A never-ending stream of news reports painting a dreary picture of an understaffed, cash-strapped agency that can barely...
Is Your 401(k) Riding on Uber?

By Hal Bundrick, MainStreet

Your retirement security likely depends on that mysterious investment machine known as the 401(k). There are a lot of moving parts in that thing, and most of us have only a vague idea of how it works...

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