Hillary Clinton will unveil plans Wednesday to crack down on companies that seek to dodge U.S. taxes by moving their headquarters overseas.
Saving for retirement is one thing, but many Millennials are burdened with paying back thousands in student loan payments after college. As first reported by FOXBusiness.com, Gradifi is one company that has designed a new benefit program for employees that helps pay down debt while they work called The Student Loan Paydown Plan.
Government waste took a significant turn for the worse in fiscal 2014, rising dramatically to $124.7 billion from $105.8 billion in fiscal 2013.
If you meet the IRS criteria for a casualty loss, you can claim it. But there are hurdles.
Before you file your next income tax return, see if you qualify for any of these tax credits and work your way to a bigger tax refund.
This Tax Day, it's pretty clear the problem isn't the money coming into Washington. It's all the money being spent IN Washington.
Worried you might be missing out on tax breaks by renting? The truth may surprise you.
You have plenty of ways to avoid the new tax penalty under the health care law.
Tax deductions are always useful, but tax credits are even more so.Find out if you qualify for any of the most common tax credits.
Paying college tuition? Make sure you understand the tution and fees deductions that are available to you.
While proposed legislation to help troubled homebuyers is great, let’s not forget to address the plight of troubled student loan borrowers as well.
“Another year, another tax form to submit,”… or, you could think, “Another year, another opportunity to claim tax deductions and save money!” Let’s all go with the glass half-full approach this year, and consider these tax deductions that are sometimes overlooked or ignored.
As a self-employed individual, you understand value and the need to meticulously watch and control expenses. That is especially true of taxes – one of the largest and most convoluted expenses you will incur. To survive and thrive, you must take advantage of all potential deductions.
Look, no one wants to admit to a bad investment, but sometimes, you just have to cut the cord. And that separation will help your tax bill in April.
Paying your January mortgage and yearly property taxes in December pays off at tax time.
Contributing to charity not only makes you feel good, but it is a great way to get your tax bill down, especially if you itemize your deductions.
By doing a little homework, you too can donate wisely to charities just like Bill and Melinda Gates.
If you got a big tax refund last year -- like over $1,000 – why should Uncle Sam get to play with your money all year? Why not give yourself a Christmas bonus and go reduce the amount of taxes withheld for the rest of the month?
A version of this article appeared in the October 2014 Consumer Reports Money Adviser.
The Affordable Care Act and expiring tax provisions could tie up the tax-prep season and delay taxpayers’ refunds in 2015.