taxes

What to do if you discover a mistake on a previous tax return (and other reasons for filing an amended return).

Retirees who took a required minimum distribution earlier this year need to act quickly if they want to avoid taxes on the money they withdrew.

What is the new above-the-line universal tax deduction, and how does it work?

The IRS is now accepting electronically filed amended tax returns.

With this indispensable savings tool, your money grows tax-free, you can invest in almost anything and you get several cool perks.

Payments will go to people who filed their tax return by July 15 and received a refund in the past three months or are still waiting for a refund.

Since she could be a heartbeat away from the presidency next year, you might want to know where Kamala Harris stands on taxes.

The IRS will be sending new stimulus checks to widows and widowers who didn't get their original payment.

The IRS set a new deadline for VA benefit recipients who didn't get an extra stimulus check payment for dependent children.

The IRS is reopening the registration period for seniors who didn't receive the additional payment for dependent children earlier this year.

Rates for long-term capital gains are based on set income thresholds that are adjusted annually for inflation.

The HEROES Act, which the House passed in May, would authorize another round of stimulus checks. While the new payments would be similar to the first …

If Congress can't pass another stimulus bill, President Trump says he will initiate a payroll tax cut by executive order. How much would that save you…

Florida, Iowa, Maryland, Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas, and Virginia are holding (or starting) 2020 sales tax holidays t…

If you’re “average,” you might get close to $3,000 from Uncle Sam this tax season. Don’t let it burn a hole in your pocket.

Sales tax holidays are a great way to save money on clothes, shoes, backpacks, school supplies, and other back-to-school necessities.

Sixteen states are having sales tax holidays this year. If you plan your shopping around these tax-free periods, you can save big on back-to-school cl…

Uncle Sam can tax up to 85% of your Social Security benefits if you have other sources of income, such as earnings from work or withdrawals from tax-d…

The importance of tax planning goes beyond keeping cash out of Uncle Sam’s hands. You’re also preparing yourself for a secure retirement. Here are a c…

Don’t pay more than you have to. It all starts with a thorough understanding of the basics of how retirement income is taxed.

If you don't have to use your stimulus check for basic necessities, consider putting the money to work for you. You'll thank yourself later.

The proposal from Senators Cassidy, Daines, Romney and Rubio would provide $1,000 payments to all American citizens, regardless of age or dependent st…

Which stimulus check plan will come out on top: The lean and mean HEALS Act version, or the beefy HEROES Act challenger?

When compared to first-round payments, the new Republican stimulus check proposal expands and protects payments for some people, but it shuts the door…

If the HEALS Act is passed, some people would get a second-round stimulus check that is larger than the first check they received under the CARES Act.

The tax deadline was July 15 this year, and if you found yourself paying the IRS more than you’d like, it’s time to focus on tax planning. There are m…