If you'll struggle to pay what you owe by Tax Day, experts say it's important to not panic and to file your return on time anyway. » Read More
GOP Rep. Kevin Brady says Americans are seeing smaller 2018 refunds because they got more of their own money in their paychecks. » Read More
By: Michelle Fox
Everyday Americans are being left behind because of President Donald Trump's tax cuts — and one solution could be to tax the rich, says civil rights leader Jesse Jackson Sr. » Read More
This year, go for zero. That is, pay the IRS exactly the amount you owe — no more and no less. A handful of taxpayers managed to do just that in 2016, according to SmartAsset's analysis of IRS data.
Many states are still trying to figure out if their own tax benefits apply to savers who turn to 529 accounts for private elementary, middle or high school tuition bills.
What's worse than merely filing your taxes? Submitting an incomplete or inaccurate tax return to the IRS. Here's how you can make this tax season a little less painful.
The Russian leader said in his state of the nation address that people should not risk poverty by having a family.
The U.S. economy should grow by another 3 percent in 2019, despite some disappointing indicators that kicked the year off, says Kevin Hassett, a top economic advisor to President Donald Trump.
Tidying up isn't just for closets and junk drawers. Financial advisors recommend purging old financial documents and records, too.
The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans.
A new cap on the deduction for state and local taxes has prompted some New Jersey residents to shop around for lower property taxes. The surprise: They didn't have to pick up stakes to a new state in order to lower their bills.
New Jersey Democrats Rep. Bill Pascrell and Sen. Bob Menendez introduced a bill in both the House and Senate earlier this week that would repeal the $10,000 federal cap on state and local tax (SALT) deductions.
Large withholdings may yield large refunds, but one Florida man took this to the extreme. Here's how he managed to scoop up a large check from the IRS — and why you shouldn't try this.
The average tax refund issued by the IRS is $1,949, down from $2,135 in the year-ago period, according to the IRS. That may not necessarily be a bad thing. Here's what you should know.
The deduction for medical expenses is one of the few remaining tax breaks available to taxpayers.
"I suspect there should be higher taxes for the wealthy around the world and I don't think they would object to that," the Virgin Group founder tells CNBC.
The government shutdown came at a terrible time for the IRS, according to a report from the National Taxpayer Advocate. Filing season is likely to be rocky.
If you get a threatening call from the purported IRS or meet a tax preparer who promises you a giant tax refund, be wary. You're probably dealing with a fraudster.
Bill Gates says tax policies should focus on taxing wealth rather than income.