taxes

If you're an early bird when it comes to filing your tax return, you won't have to wait much longer before the IRS will accept your return.

Which tax rate applies to your long-term capital gains depends on your taxable income.

House Democrats' latest stimulus check plan applies the same phase-out thresholds used for previous stimulus payments, but families making over $200,0…

COVID-19 has made us appreciate driving our cars more, but filling up the tank will cost you more in these state.

Following these tips will help you weed out the fly-by-night preparers and zero in on the best tax professionals in your area.

For both 2020 and 2021, you can end up in one of seven different federal income tax brackets – each with its own marginal tax rate – depending on your…

When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don’t forget about taxes.

A bill in Congress would increase the child tax credit and have 50% of it paid in advance by the IRS from July through December.

There were a lot of tax changes for the 2020 tax year. Get familiar with them now – before you file your 2020 tax return.

If you're like most Americans, taking the standard deduction on your tax return is better than claiming itemized deductions.

The expenses and tax complications that come with hiring a nanny were reason enough for me to take my son to day care instead.

Eligible educators can write off expenses for COVID-19 protective items that help stop the spread of the virus in the classroom.

The Senator is calling for monthly payments of $250 or $350 per child, but he also wants to eliminate other family friendly tax breaks.

Under President Biden's plan for a third stimulus check, families with older dependents would benefit, but payments could be "targeted" to the most in…

With control of both the House and Senate in Democratic hands, President Biden will be able to get more of his tax policy proposals through Congress. …

Whether you're betting on Tom Brady or Patrick Mahomes to win this year's Super Bowl, don't let the IRS beat you at tax time.

As the push for a third stimulus check continues, there's a renewed effort to target them to people most in need. Who would not get a third stimulus c…

A plan by 10 moderate GOP Senators omits Biden's proposal for a higher temporary child tax credit.

Don’t miss out: Certain people with low enough taxable income can sell stocks or mutual funds to convert their taxable gains into tax-free money. Here…

Working remotely in a new state, maybe even a new country? That can lead to complications, particularly when it comes to taxes. Also: why the IRS is s…

Ten moderate Republican senators are asking President Biden to consider a more targeted stimulus package that includes a $1,000 stimulus check compone…

If you didn't get a stimulus check, or you didn't get the full amount, you may be able to claim the recovery rebate credit on your 2020 tax return to …

Restrictions put in place to protect your stimulus check from garnishment don't apply to "recovery rebate" tax credits.

With President Joe Biden in the White House and a narrow Democratic majority in the Senate and House of Representatives, Democrats have a clearer path…

Scammers were busy last year filing bogus unemployment benefit claims using stolen personal information. Here's what the IRS has to say about taxes fo…

Your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine. But be careful if you plan on follow…