Taxes

Between rising tax rates, expiring laws and the elections, taxpayers must be vigilant.

There is a way to make tax liens disappear from your credit reports completely, and quickly, but not all taxpayers dealing with this problem know about it. 

There's at least one blitz Peyton Manning won't be able to avoid. And it's coming from New Jersey's Treasury Department.

It's usually better to borrow money to pay your tax bill than to rack up penalties and interest with the IRS. You have a few options, including credit cards

Congress allowed 55 tax breaks to expire at the end of 2013. Here's a look at what this means for boomers' tax returns.

If you are a party to a lawsuit and you win, that's good news. But keep in mind that sometimes the financial award you receive may be taxable income.

Figuring out the best way to pass down a property and minimize taxes can be tricky.

A new tax scam has been making the rounds and tricking consumers from handing out their personal information. Don't fall for it.

There are many proposals to change the tax code to help close the income gap in the country. And the secondary-earner tax deduction is designed to reduce the tax burden for working parents in this economic profile.  

Scored a seasonal job? How it's classified will affect your taxes.

The Affordable Care Act's website might be slowing the rollout of the insurance marketplaces, but that doesn't mean other areas of the reform aren't going into effect. And some Americans are going to have a rude awakening next tax season. 

The time is up for taxpayers who got a six-month extension to the April 15 tax deadline.

Many consumers are unaware that some banks may force scam victims to pay taxes on any money returned. If no money is ever recovered, the bank is forced to report this amount of money to the IRS. 

You can't deduct the down payment as a capital loss, but you can deduct it as an ordinary loss.

Sole proprietors have tax form options when it comes to reporting business income.

The IRS has strict rules surrounding the taxability of gambling winnings. And if you don't play by the rules, the government always wins. 

Investors can boost returns by using asset location strategies and buying tax-efficient funds.

The costs incurred in building a home aren't deductible, but keep track of them for the future.

You'd have to pay income taxes, plus a possible penalty, and your retirement would be at risk.

A flight taken for business purposes is covered under Section 162 of the IRS Code. But nowhere does it say that if you use frequent flier miles to pay for the flight you can deduct the expense -- which means you can't.