Taxes

You filed your tax return on time in April and now it’s almost June and Uncle Sam still hasn’t sent your refund check. What gives?

You would owe interest and penalties for filing taxes late. But the IRS plays by different rules.

You can spread the income over two years, but it's too late to recharacterize a Roth IRA.

You must pay income taxes on the funds that are set aside in your Social Security Trust fund for your retirement years.

Don't drown under tons of old tax forms. Here are the best ways to organize your records.

You'll have to pay taxes in the U.S., but take these steps for an exemption from Germany.

Writing off your mortgage interest seems straightforward enough. But remember: This is the tax code we are talking about; nothing is as simple as it seems.

Here are some common tax matters every new -- and experienced -- mom and dad need to consider.

Where a couple decides to file is important because it can determine what laws are applied to things like alimony, child custody and distribution of assets.

The nonpartisan Tax Foundation says that U.S citizens will pay more than $4 trillion in total federal, state and local taxes this year -- $152 billion more than they'll spend on housing, food and clothing combined.

If you're entitled to the $25,000 deduction, you have to claim it regardless of your other income.

You hand over enough to Uncle Sam and the federal government each year. Why also offer an interest-free loan?

HSAs were created to encourage people to save for future health problems, but there are other tax reasons to open such an account.

You got a check that's less, or more, than you expected. Find out why and what to do about it.

You should report the sale of your inherited home, especially when you have a loss to claim.

The rules shift regularly on the adoption tax credit, making planning difficult, especially when combined with the uncertainties of adoption itself, which can typically cost $25,000 or more and take months to years to complete.

You must use the mortgage balance as the value of the property upon liquidating the company.

The April 17 deadline has come and gone, but that doesn’t mean you can stop thinking about your taxes for next filing season. 

Just discovered you fouled up your tax return? Here's your second chance to get it right.

Much has been made of the millennials as an entitled generation, constantly whining about the obligations of adulthood while fiddling with their iPhones. But life has been tough for many of them.

Employees that find themselves with business-related expenses that are not reimbursed or are only partially reimbursed by an employer, could have a viable tax deduction that can result in significant savings.

Victims of a presidentially declared disaster can use their tax filing to obtain much-needed cash.

No more excuses. Send something to the IRS by the deadline, or face the consequences.

You got that dreaded Internal Revenue Service letter? Don't panic, just prepare.

File an Offer in Compromise, saying you doubt you're liable for the tax from the forgiven debt.

A multitude of IRS tax payment options exist, including using plastic. Before you boost your balance to pay your taxes, know exactly what to watch out for

Tax season as a whole can be stressful, but the final days before the tax-filing deadline -- April 17 this year -- can be especially hectic. And that last-minute pressure can lead taxpayers to make preventable mistakes on their tax returns.

The IRS would like you to pay electronically. Here's a look at Uncle Sam's e-payment options.

Is a traditional IRA the best tax savings move? It depends on your financial and tax situation.

Admit it: You're afraid of the 1040 tax form. But fear doesn't have to paralyze you. Here are six common tax terrors. Some are real. Some aren't nearly as terrifying as you might think.

Today's market is downright rosy because of declining and flat real estate prices, interest rates near their historic lows, favorable tax breaks and strong growth in rental income.

The IRS taxes mortgage payments made by your insurer, but you can still deduct interest.

When doing your taxes, don't overlook the points you paid to get a lower mortgage rate.

Weigh taxes and other factors to decide if a pile of cash now beats smaller payments over time.

Just one slip could cost you or delay your refund. Be sure to watch out for these pitfalls.

Making your home more energy-efficient could cut your utility bill and save tax dollars.

Even the most seasoned pros have a hard time figuring out when and how to apply the Alternative Minimum Tax.

Don’t waste time apologizing, procrastinators. Here are some last minute tips that mix quite well with your cooling coffee to get you to April 17th in the best shape possible.

The end of tax season is nigh! Follow our step-by-step instructions for stress-free filing.

Still waiting for your IRS check? Try these tips for tracking down your tax cash.

Some taxpayers can claim up to a dozen or more deductions right on their 1040 return.

Every tax season the hunt begins to find the most tax deductions, but there are some deductions you should steer clear of.

Even if you're on good terms after the breakup, get your financial deals in writing.

Until the end of this year, at least, there is a tax break for homeowners who negotiate debt reduction with their lenders.