Taxes

They're arriving in the mail now. Don't ignore them, or you could be buying trouble with the IRS.

You know you're paying a big chunk of your income to taxes. But where is it going?

Real estate swaps grow popular, but traps are many. Beware new rules on vacation homes.

These five famous Americans tried to dodge the taxman and got caught. Find out who they were and what they owed.

Delivering a new baby also delivers a $1,000 child tax credit - and that's just the start!

The receipts you cram into your wallet could be replaced with cash come tax season.

Divorce is a rough transition. Make the tax changes as easy as possible with these tips.

Thanks to fewer restrictions, it's now easier than ever to convert your traditional IRA into a Roth IRA.

Being a landlord can be taxing, especially when you want to sell. Find out how to reduce your burden.

Here's how to keep Uncle Sam from claiming your small side business is really a hobby.

We look at what investors should be keeping in mind - and on their radars – as we enter the next phase of the economic recovery.

The Wash-Sale rule was established to disallow a loss deduction of a security sold, if within 30 days of the date of the sale an investor buys substantially identical stock or securities, or purchases options on the underlying security. The wash-sale period is actually 61 days, consisting of the 30 days ...

But new standards won't help taxpayers this filing season.

Some countries have begun charging a flat tax rate instead of the gradual tax system of the Western world.

Unusual - and even humorous - things that people can do to get a break on their income taxes.

If you follow these methods for calculating estimated tax payments, you could minimize your chances of incurring penalties.

The IRS sets a high bar for spouses angling to divorce themselves from their partners' back tax bills.

Learn how this money-making dream can become a nightmare.

The new Roth IRA rules present some interesting opportunities - for the right people.

These tips will reduce your anxiety and can lower your 2009 tax bill.

A few tax credits can greatly increase the amount of money you get back on your return.

From community-based services to free software, there are many free resources to help with your taxes.

The FCC is considering a tax hike to subsidize internet access in rural areas.

The story of income tax is ripe with stops, starts and court battles. Due to British taxation being one of the triggers that set off the fight for independence, the American Constitution stated in the first draft that citizens should not be subject to direct taxation.

It's been a tough year for the broad economy, but the fact that we've emerged from the brink of economic collapse gives us plenty to be grateful for.

Many are choosing to work longer in order to rebuild their nest eggs, but despite the extra income, there are drawbacks.

If you're trying to determine whether you should throw out your life insurance policy along with your business suits, here are a few things you should keep in mind.

Life changes make it time to rewrite your plan's designations.

You don't need an MBA to learn how to save money and invest in your future.

New taxes, property values, appraisals, community changes and nearby abandoned foreclosures can all lower your home's value. Take proactive steps to protect it.

The only thing that "joins" the credit of a married couple is the ownership of joint accounts. In other words, if there is a credit card, line of credit, mortgage or loan in both names or one party is an authorized user on one of the other person's account, then the credit report agencies include this ...

Stretch your donation dollars this holiday season by giving to an efficient nonprofit organization.

Before you run out and buy gifts for others, make sure you give yourself a gift by wrapping up all the tax breaks you possibly can.

Know what you're in for before jumping into the home remodeling game.

Where you incorporate your small business will affect your tax rates and overall costs. Where is it the most economical?

The current recession is having a large impact on the rich.

A. funeral expenses. B. debts owed at time of death.C. gift tax credit used during life.D. the value of property that passes from the deceased to the surviving spouse. Answer: BTaking a long position on an option - that is, buying it - incurs a premium; not exercising the option means losing that ...

A greener home can mean more green in your pocket this tax season.

There are laws that can protect, to a certain extent, the value of a home from property taxes and creditors following the homeowner's death. A homestead exemption is a legal doctrine preventing the forced sale of a home and protecting the home's value from property taxes and creditors.

If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer.

If you can't pay your taxes, know that the IRS has many avenues for collecting what you owe.

The idea that only the rich will be taxed for healthcare is as suspect as the idea that healthcare quality won't change.

Find out how to work the system to get the highest total benefits the law allows.

Contrary to popular belief, inheriting assets isn't always a good thing. Find out what to do if you want to disclaim them.

These tax-free zones might sound appealing, but the consequences often aren't.

The $8,000 tax credit might be the push you need to buy your first house, but there are some things you need to know first.

Know the options you have for your insured property if and when a disaster strikes.