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If you filed for a tax extension, remember that’s only an extension of time to file, not an extension of time to pay.

Many people believe that if after years of timely filing they suddenly put in for an extension a red flag will go up with the IRS. Not so.

Keep in mind that mistakes made on a tax return can cause refund delays because it takes the IRS longer to process your tax return.

The information on the 1095-A will be used to reconcile advance payments of the premium tax credit made on your behalf to your insurance provider.

ObamaCare says if a person did not obtain health coverage for himself, his spouse and dependent children, tax penalties will be inflicted beginning in 2014.

Tax planning needs to occur during the year in question in order to optimize your tax situation.

One thing to consider before deciding on what to do with your refund is to analyze your withholdings and/or estimated tax payment situation.

Your last pay stub includes the same information that would likely appear on your W2.

Caregivers may be eligible for tax breaks for taking care of an elderly person if they meet certain requirements.

It doesn’t matter how often you hear the cries for tax simplification, taxpayers and preparers alike every year are introduced to new regulations, new complexity.

The bottom line, according to the IRS, is that e-file is much easier than doing your taxes by hand and mailing paper tax forms.

Topping the list of Dirty Dozen tax scams for 2015 list is a warning to watch out for unscrupulous tax practitioners promising outlandish refunds.

If you provide your tax pro with well-organized, complete, and totaled data, your fee may be lower.

By keeping track of tax documentation during the year, you cut down on the stress of preparing your data for the following year.

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.

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.

Beware. Unless you understand the highly complex U.S. tax code, you may miss valuable deductions or send up a red flag for audit.

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 good rule of thumb is that your marital status at the end of the year determines your filing status.

Call a lawyer and a tax professional if you’re going through a divorce.