Taxes

Not all oversights need to be reported to the IRS, but if it increases your tax liability or changes your return amount, you need to alert the agency. 

Did your paycheck get whacked this year? Adjust your lifestyle to help make up for the loss.

If you are nearly out of options to pay medical bills, using your Roth IRA may be prescribed.

Fired commissioner. Congressional hearings. Scathing tax watchdog report. It has been a terrible week for the IRS. And the tough times won't stop any time soon.

The IRS is asking for $12.9 billion in funds for 2014, a 9% increase from last year, to focus on compliance. What does this mean for taxpayers?

Three years after he passed, his wife receives a 1099-C form for his credit card debt cancellation. Does she have to report this on her income tax return?

Here’s what two experts say they’d like to see cut or reformed in our current tax policy.

Even if you plan on filing an extension, you may still need to hit the April 15 deadline when it comes to your IRA contributions.

A large tax refund can be an unexpected windfall, but a large check from Uncle Sam isn't necessarily a good thing. 

Worried about a home-sale tax to pay for health care? That's just an "Obama-scare."

There's a narrow path for cashing in savings bonds and avoiding a big federal tax bill.

It is true that having a substantial estate would necessitate having a Revocable Trust to lower estate taxes, but the primary advantage of having a Living Trust is to avoid a probate.

Can't come up with the money to pay your tax bill? The IRS offers several different ways to pay.

For those saddled in student loan debt, make sure you pay extra attention when doing your taxes this year as you could be missing out on valuable cash.

As the fall semester kicks off at colleges across the country, students and parents should be doing their homework on what educational expenses can be deducted.

There is a silver lining to student loan repayments: The interest paid can be written off.

Whether or not you can deduct the interest on home equity depends on several factors.

If you itemize deductions on Schedule A of your tax return, you will be able to deduct a lot of related search expenses if certain conditions apply. 

Need to save for college? Use your savings bonds without taking an income tax hit.

You can pay a friend to drive your car and deduct the cost if you meet certain tests.