Taxes

How Bankruptcy Impacts Your Taxes

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.

How to Appeal an Offer in Compromise

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.

DOMA and Your Wallet: What the Ruling Means for Same-Sex Couples

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.

Mid-Year Tax Planning Tips to Do Now

Now is the time for taxpayers to make sure they are on track for the 2013 tax year, particularly with the considerable changes in the tax code. 

Nanny Taxes: What Parents Need to Know

With summer just around the corner, many parents are looking to hire help to watch their children during the day, and in most cases, this means Uncle Sam will also get involved. 

Taxability of Life Insurance

Nothing in the tax code is straightforward or easy to understand, and that’s especially true when it comes to life insurance with all the caveats, exceptions and treatments.

4 Ways College Students Should Spend Their Tax Refund

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.

3 Reasons You Don't Want a Tax Refund

A giant refund isn’t cause for celebration. Here's what you could be doing with the money instead, and why you might want to prevent yourself from getting a refund next year.