Some wealthy and low-income married couples are losing out at tax time, but experts say eliminating the marriage penalty is complicated.» Read More
CNBC's Diana Olick reports how changes in the mortgage interest rate deduction will impact homeowners.
Limiting tax deductions as part of a "Fiscal Cliff" deal would force the wealthy to bear the brunt of the cost, with million-dollar earners getting hit the hardest.
Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains
Robert Johnson, RLJ Companies founder & chairman, discusses whether the mortgage interest deduction is a tax loophole that should be closed.
François Hollande’s Socialist government is facing a new tax revolt – this time not from big business protesting against the president’s 75 per cent income tax band but in the form of a viral online campaign by small French entrepreneurs furious about a jump in capital gains taxes, the FT reports.
Mitt Romney's offshore arrangements enabled his individual retirement account to avoid taxes on its investments and may well have reduced his personal income tax bills, The New York Times reports.
There are many financial perks that come with being married. Filing taxes generally isn’t one of them.
A poll of charitable billionaires found that a majority say taxes impact their giving.
Many say 529 savings plans are the best way to save for college, but interest in them is cooling.
My worst fears about Paul Ryan were borne out in Wednesday night's speech.
Dozens of tax changes take effect at year's end. While the "Bush-era tax cuts" get talked about often, here's what entrepreneurs need to know.
An IRA can contain anything that makes you money, but as with any DIY investment, caution is required.
Democrats want to push tax cuts through the Senate for companies that hire new workers, give raises or buy major new equipment this year.
Everyone is talking about the looming “fiscal cliff,” but just how likely is the United States to go careening over it? Pretty likely, says former Obama economic advisor Jared Bernstein. .
If you're worried about how yours might fare during a downturn, consider a recession-proof industry, which caters to ongoing demands.
New York Times reporter David Kocieniewski's Pulitzer was well-deserved, and perfectly timed.
Sole proprietors may be on top of it in terms of getting their taxes done, but they may be cheating themselves: According to data compiled from online accounting solution Outright.com, business owners are neglecting to report mileage expenses on their tax returns.
Here are some things to check or consider if you still have the good old "1040 Form" on your to-do list, the Christian Science Monitor reports.
Even if you haven't finished — or started — filling out your tax forms, you've still got time to get your receipts in order and work the tax code to your advantage.
Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.