Taxes

The Additional Medicare Tax went into effect this year and will be levied on wages, other compensation, and self-employment income paid after the start of the year.

You can claim your son as a dependent, but if he had taxes withheld, he should file a return.

A lot of Americans are out of work, but a job search might help cut their tax bills.

The IRS’s offer in compromise program allows taxpayers facing financial hardships to settle their outstanding tax liability for pennies on the dollar. But there are rules everyone must follow.

Haven't filed your tax return in several years? Quit looking over your shoulder for the taxman, it's easier than you think to pay overdue taxes.

Taxpayers dealing with IRS problems are desperate to find solutions, and unethical tax relief companies take advantage of misinformed consumers.

If you have a simple question for the IRS, it might time to put down the phone and hop on a computer.

The IRS is increasingly starting to probe consumers that skipped paying taxes during the financial crisis to get owed funds, and it’s prompting an increase in tax-relief scams.

You can use two types of trusts to shield your home or investment portfolio from estate taxes.

Tax considerations should be part of your investment decisions, but they shouldn't be blown out of proportion. Learn how to approach them sensibly.

Before rushing off to file bankruptcy it's important to analyze the impact on tax liabilities, and make sure the timing is right to file.

Before rushing off to file bankruptcy it's important to analyze the impact on tax liabilities, and make sure the timing is right to file.

If you travel on behalf of a nonprofit to do volunteer work and have unreimbursed expenses, you may be in for a write-off.

Summer's a great time to consider the tax breaks to take when filing your return next year.

Taxpayers looking to get help from the IRS may face longer hold times thanks to budget cuts at the agency.

Newlyweds have two different options when filing their tax returns, but how do they know which method is best? Follow these six tips.

Newlyweds have two different options when filing their tax returns, but how do they know which method is best? Follow these six tips.

The IRS’s offer in compromise program allows taxpayers to settle their tax liability for less than the amount, but the process is a long one.

The Supreme Court’s striking down of  the Defense of Marriage Act extended rights and benefits to same-sex couples across the country, in states that recognize gay marriage. Experts say these couples now have more options when it comes to financial planning.

Being the subject of an IRS audit is enough to make anyone sweat, but knowing your rights and the type of audit your facing can help make the process a little less stressful and drawn out.