Former IRS Commissioner Mark Everson contends that a consumption tax can take 150 million people off the income tax roll.
Wednesday's tax deadline features some new Obamacare-related chores that need to be completed.
Most Americans finish their taxes on time, but many will be tardy filing with the IRS.
The average taxpayer spent 16 hours preparing his return this year. By planning ahead, you can spend less time and save money next year.
The Affordable Care Act taxes are aimed squarely at top earners, but they are not indexed for inflation.
No one wants to be audited by the IRS, so don't make these common mistakes when filing your 2014 return.
Max out your 2014 IRA contributions to boost your retirement savings and lower your tax bill.
For some criminals, every day is April Fools' Day. NBC News reports.
With the median account balance under $19,000, 401(k) plans are failing as a safety net. Here's what happened.
People who only now are learning they owe an Obamacare penalty for 2014 will get another chance to sign up for insurance this year.
Common and costly mistakes millennials make on their tax returns—and how to avoid them.
The IRS can, and likely, will continue subsidies for HealthCare.gov customers temporarily if the Supreme Court says they're illegal, a tax expert says.
The IRS is warning taxpayers about groups pretending to be a charitable organization to attract donations from unsuspecting contributors.
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.