Taxes

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

It’s common for children to receive financial contributions from parents, grandparents and other relatives to help secure a child’s financial future by funding investment accounts for them—but they come with tax implications.

Retirement plans get extra attention during tax season. Here's a look at Roth IRA accounts.

You pay less tax on unearned income, but if you earn high wages, a new tax may apply.

If you find yourself scratching you head when filing your taxes, you aren't alone. Here are the answers to some commonly-asked tax questions. 

In both 2014 and 2015, tax changes will impact everything from how much you pay for health care insurance to how much you can deduct for attending college or buying classroom supplies.

If you can hardly make ends meet every month, maybe it's not your spending habits. Maybe it's because of where you reside. 

All the changes to and interpretations of our tax code creates a lot of grey areas when it comes to filing taxes.

Want help in paying $4,000 of your college costs? Then look no further than your tax return.

Time's running out to cut your self-employment tax. These overlooked deductions may help.

The deadline to enroll in health insurance under the Affordable Care Act is less than three weeks away, and the law could impact your future tax situation. Don't get caught off guard.

If you haven’t started preparing your tax filing yet, here’s some good news: experts say it’s not time to panic…yet.

If you're going to be in a lower tax bracket at retirement, claim a tax deduction now.

If your tax return is pretty straightforward, there's no reason you can't file it on your own. In fact, the IRS provides software to help you do it. 

Nobody likes paying taxes, but is it possible to make money paying taxes with a credit card? Here are a few ways to minimize fees and maximize rewards.

Uncle Sam offers you a tax break to help defray costs of your new family member.

Tax strategy in retirement plays an important role in just how ‘golden’ life is after leaving the workforce.

Children 17 and younger can bring parents hefty tax deductions, but they better meet this seven-point test. 

As more and more Americans are completing their 2013 tax returns, they are waking up to just how big a bite the new taxes surrounding Obamacare are going to have. Here's how to reduce help reduce your taxable income to avoid some pain.

Are you eligible for a tax credit to help pay for health insurance premiums?