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Your risk of an audit may be lower this year, but it still makes sense to prepare for questions from the IRS.
The IRS offers some provisions for early withdrawals from your retirement accounts. But there's a steep price to pay.
Tax-refund fraud is expected to soar this season, and hit a whopping $21 billion by 2016, from just $6.5 billion two years ago, according to the IRS.
The recent flood of fraudulent tax returns is the work of "a criminal gang, possibly working outside the country," NBC reports.
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.
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.
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.
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.
Expatriate Americans are renouncing their citizenship in record volumes because of increasingly onerous tax-filing requirements.