The IRS offers some provisions for early withdrawals from your retirement accounts. But there's a steep price to pay.» Read More
Minnesota will no longer accept tax returns submitted through Intuit's TurboTax because of potential fraud.
After clamoring in favor of it, U.S. businesses now find Obama's tax reform plan disdainful, The New York Times reports.
Obama administration officials have partnered with large tax preparers and nonprofits to educate people about the tax effects of Obamacare.
Trying to get your finances under control? Now you can, with just a few clicks.
Mike Huckabee weighs in on the possible move to tax college savings plans and whether he'll run for president.
Owners of recreational pot operations are preparing to file their first federal tax returns and they're learning some hard lessons.
President Obama wants to use the tax code to slow the widening gap between the richest and poorest Americans.
Millions of people are potentially eligible for exemptions from Obamacare taxes, but many won't apply for those waivers.
Chinese citizens and companies must pay domestic taxes on their worldwide incomes, New York Times reports.
This will be the first year that Obamacare's tax rules, including penalties, will go into effect. The NYT reports.
A former Countrywide Financial executive cashed in on $57-million payday after whistleblowing in Bank of America investigation. The NYT reports.
Former UBS banker Bradley Birkenfeld, who was paid $104 million for information he provided, wants to leave the U.S. now. Why he can't.
Life insurers are avoiding taxes without leaving the country, saving as much as $100 billion in federal taxes, the NYT reports.
It's easier to avoid the use-it-or-lose it proposition of flexible spending accounts. Some purchases may benefit your bottom line more than others.
A new book claims Bitcoin will someday replace the whole global financial system, doing the job of banks and insurance companies.
The number of bogus claims by prisoners jumped to 137,000 in 2012 and the figure is expected to go even higher, Fiscal Times reports.
Most retirees haven't yet taken required minimum distributions—putting them at risk for a 50% tax penalty. But it's a misstep easily avoided.
To ensure retirees don't run out of money, the IRS and the Treasury just issued guidance to expand the use of these investment vehicles.
Recent government missteps could cost the midterm elections for the Democrats, NBC News reports.
Scammers claiming to represent the IRS are threatening people with jail if they don't pay tax bills.