Taxes

The U.S. Senate has passed a bill that will impose a sales tax on online retailers. Discover how the Marketplace Fairness Act could affect your bottom line.

When you hire an accountant, getting good tax advice going forward is as valuable as – or perhaps even more valuable than - getting the previous year’s taxes filed correctly. Learn what you need to do to make this happen.

Depending on which estimate you believe, Obama's proposed budget would raise the tax bill of a household with a yearly income of $50,000 to $75,000 between $63 and $100 per year. However, that’s not all you should know.

This year, combine your spring cleaning strategies with your big-picture financial objectives.

If the IRS finds errors, it will cost you. Find out how to fix them, and how to prevent them in the first place.

You might be ready to put the stress of tax preparation behind you until next season, but ignoring your personal tax situation for 11 months of the year is what got you into this mess. Find out how some simple organization and planning techniques can make next year's tax preparation a low-stress task.

Identity thieves love tax season. In 2012, there were 13 million victims of identity theft. As easy as it is for thieves to steal your information, there are also simple measures you can take to keep your personal information secure. Find out the proactive steps you can take to ensure thieves don't steal ...

This year, find out how to stretch your tax refund further to strengthen your future.

With approximately 12 million Americans out of a job right now, many people are spending significant dollars to be noticed by potential employers. Fortunately, some of these job-search costs are deductible at tax time. Learn the details of what job-hunt expenses qualify for deductions and how much you ...

The government is considering letting the IRS do your taxes for you. While this may sound great, there are plenty of reasons why you may not want to trust the IRS to calculate your tax return. And while you could stand to lose out on a few bucks, companies like Turbo Tax are and H&R Block are fighting ...

If you report a tax evader to the IRS, you could be eligible for a reward.

The desperate search for revenue by the U.S. government means one of the key deductions that may be up for either reduction or elimination is for charitable giving.

For investors, the surge in new REIT activity is providing some pretty interesting dividend opportunities.

These little-known tax deductions can lead you to finding your own unique expenses that you didn't know you could claim.

States will now be allowed to collect sales taxes on purchases made from Internet-based retailers even if the retailer has no physical presence in that state.

Incorrect or liberal interpretations of what you can write off will often lead to the IRS taking closer interest in your filings. Knowing the rules behind these six tax deductions will go a long ways to saving you from an audit.

Find which benefits from reward programs count as income in the eyes of the IRS.

Find out what mistakes people often make on their returns, and how to avoid them on yours.

Despite their popularity, exchange traded funds have some drawbacks that investors should know about.

In order to file as head of household, you must meet several requirements. Find out whether being head of household comes with any tax benefits.

The earned income credit is one tax incentive married couples filing a joint tax return can take advantage of. Is it a good idea?

The amount of your earned income credit (EIC) is dependent upon how big your family is.

The U.S. tax code gives similar treatment to dividends and capital gains, although this will change slightly in 2013. Currently, ordinary dividends and short-term capital gains those on assets held less than a year are subject to one's income tax rate.

Generally, any money you borrow from a 401(k) account is tax exempt. This feature is one of the reasons that - for critical short-term needs - such loans may be a better alternative to hardship withdrawals or high-interest forms of credit. As long as you pay the loan back in a timely matter, the only ...

Find out how high your taxes will rise this year.

Here is a look at how ETFs are taxed and the effects that the tax treatment of ETFs will have on investors when they purchase them.

A LEAP (long-term equity anticipation security) is a call or put option that allows the buyer a long-term expiration on the option to buy or sell shares of stock at a set price, called the strike price. Expiration dates on LEAPs can range from nine months to three years, making them a more long-term ...

Here is a look at how the Affordable Care Act will affect your taxes in 2013 and beyond.

With a new year comes new laws, and in 2013 the U.S. government has implemented several changes to the tax code.

Parents should take notice of these important tax breaks in 2013.

Both online tax software and tax professionals have their own set of advantages, but which one is actually better for your bottom line?

It is important to make sure that you cover all the bases when you decide to file without the financial expertise of a tax professional.

Where does the government get all of the money it spends? From taxpayers. The government does not have its own money. Its receipts come from individual income taxes, corporate income taxes, estate and gift taxes, social insurance taxes and excise taxes. All U.S.

The HEART Act is designed to allow service members and reservists make a smooth financial transition into active duty and back into civilian life.

ETFs often post fewer and lower capital gains distributions than traditional mutual funds, because there is usually a much lower rate of portfolio turnover in ETFs.

Shifting to qualified investment vehicles and other viable investment strategies could help invstors defer, avoid or minimize the tax hike.

This article examines the newly-passed Prop 30 and what it means for residents of California.

Discover the issues that complicate these payouts for investors.

If you earn a high income, there are many ways you can save extra money for an early retirement.

If the U.S. goes over the fiscal cliff, how will it affect the taxes and tax planning of average citizens?

Faced with an overabundance of choices, many investors forget to stick to the basics.

Here's a look into what you should focus on given that conditions are ripe for a possible "fiscal cliff."

Find out why money can sometimes be the perfect gift.

With upcoming changes in tax rates, is your net worth going to be affected?

Assets on the Fed's balance sheet, money supply level, national debt level and economic production should be maintained in equilibrium.

Determine whether your business is eligible to claim a tax credit for establishing a retirement plan.

Accumulating post-tax assets can work to your advantage. Find out how.