Columns

Despite the complexity of the actual code, taxes are not a difficult subject and  kids tend to catch on right away. 

Now that tax season has come and gone, students will be receiving their tax refund checks in the mail. Instead of blowing the entire amount on something frivolous, here are four ways personal finance experts say students can put the money to good use.

The tax code is complex for American citizens, but the regulations get even more confusing for non-resident aliens.

With the barely-missed fiscal cliff drama still in recent memory, investors are wondering what moves they should make now to maximize profits and minimize their tax bills.

You’ve worked hard to create your nest egg for retirement, don’t lose more than you have to because of Uncle Sam.

States that collect "significant" severance tax revenues from the oil patch and the coal industry are now scrambling to deal with "revenue shortfalls," the U.S. Dept. of Energy says.

The Internal Revenue Service is trying to map out who should pay a hefty, forthcoming tax on high end healthcare plans.   

The reason Social Security’s long-term outlook has grown worse is, in fact, due to a lack of action on the part of Congress. The last time significant legislation was passed to put Social Security’s finances on a more sustainable long-term footing was 1983.

Serial tax avoidance appears to be a hallmark of Al Sharpton’s operations. But there’s a warning here: Others have gone to prison for lesser amounts.

Former Cheers star John Ratzenberger encourages American shoppers to ask where the “made in America” section is. “And if they don’t have one,” he says, “walk out!”

By doing a little homework, you too can donate wisely to charities just like Bill and Melinda Gates.

When the IRS seizes assets, it offers the property for auction. This property could consist of automobiles, art, jewelry, collectibles, real estate, business assets, and even notes and patents. But buyer beware – there are caveats.

Any time you encounter a major life change, whether it’s a marriage, divorce, buying a home or starting a business, it’s important to review the tax implications and create the best strategy--and that includes losing a job.

There's nothing better than an unexpected cash flow--but the IRS wants in on the action as well.

When an investment opportunity sounds too good to be true, it probably is. Especially when it comes to taking advantage of the tax code.

To make divorce proceedings even more painful, the tax man often gets involved and makes the process even more complicated.

One of the biggest areas of tax abuse is the improper claiming of the Earned Income Tax Credit, and the IRS is looking to fix that.

People sit up and pay attention when it comes to tax breaks and credits.

The tax deadline has come and gone and if you didn’t file your return or pay your tax liability, here’s what you can expect from the IRS.

Take a close look at your Form 1040. By studying the line items under adjustments to income and itemized deductions, you may be able to determine what steps to take to reduce your tax liability.