Taxes

Many factors are used to determine how much you'll get back on taxes, including your income, filing status, and how many dependents you're claiming.

Regardless of how old your dependant child is or what they do to earn money, they may have to file a tax return if their earnings are above certain thresholds.

Tax refunds are only considered income in certain state tax refund circumstances. Find out more about when your tax refund might be considered income.

Filing your taxes can sometimes be costly. Fortunately, there are ways you can file your taxes online for free. Here are some of your options.

The IRS issued 12 million tax refund payments after corrections to 2020 federal tax returns. See if you qualify for an additional tax refund.

The first day you can file your taxes is Jan. 3, 2023. But, this isn't when the IRS will begin accepting returns. So, when should you file taxes?

Former President Donald Trump's tax returns from 2015-2020 are now public after resistance and a legal battle.

Professional soccer player Lionel Messi was found guilty of tax evasion in 2016. Learn the outcome of the case and whether he served prison time.

Some South Carolina residents will have a little extra money to spend this holiday season in the form of bonus tax rebates. Here's why.

If you want to claim your girlfriend as a dependent on taxes, she must meet four factors from the IRS. What are the benefits of claiming a dependent?

President Biden has urged Congress to approve a windfall profits tax on oil companies that reported record profits recently. Would a windfall tax help bring down gas prices?

There are ways to claim dependents for certain people in your life, including your boyfriend. The IRS has four factor that must be met. We have all the details.

If you’re a millionaire, you could face additional taxes in certain states if they proceed with proposed millionaire tax legislation. Here’s where it’s happening and what to know.

In the eyes of the IRS, giving your employees a gift card with a cash value is like giving them a bonus, so are gift cards taxable?

If private school tuition is a blow to your bank account, you may be wondering if it’s tax deductible. Here’s the scoop on when — and where — you may be able to deduct private school tuition on your taxes.

Moving expenses used to be tax-deductible for most Americans. What has changed about moving expenses and tax deductions?

The IRS is notifying over 9 million households that they may be eligible for tax credits or stimulus payments. See whether you qualify for these benefits.

With all the money you’re spending on rent, you may wonder why rent isn't tax deductible. Unfortunately, the tax deductions on your rental property go to someone else.

As inflation causes the federal government to hike tax brackets and social security income, wealthy Americans are also getting a break: a bigger estate tax exemption for 2023.

The IRS announced new tax brackets for 2023 that increased by 7 percent to adjust for rising inflation. See what the changes mean for you.

If you missed the Oct. 17 tax deadline, the IRS may charge you late filing fees, which might include the Failure to File Penalty. We have all the details.

Robinhood should release 1099 tax documents to customers by mid-February. However, delays can occur and extensions are granted if necessary.

The $7,500 tax credit is an attractive incentive, but is your hybrid vehicle you’re eyeing even eligible? See which EVs and hybrids are eligible.

If you received a Netspend card in the mail from the IRS, there’s a reason why. Here’s what the card is for and how you can use it. The card isn't a scam.

Logan Paul accused Bad Bunny of tax fraud. Here’s why it isn’t true — and why the tax fraud rumor is probably just another way to stoke a fire.

The bear market may be dampening your giving spirit, but when those capital gains return, you can donate them to reduce your tax liability.

Is Shakira going to jail for not paying taxes? Here is everything you need to know about the Colombian singer's legal troubles, including a complete timeline.

As an unincorporated U.S. territory, most Puerto Ricans don’t get the right to vote. Does Puerto Rico pay taxes to the U.S. government?

Although the Employee Retention Credit period has passed, businesses may be able to apply for the ERC retroactively for the affected quarters.

The Biden administration slipped a heat pump tax credit into the Inflation Reduction Act of 2022. Here’s how to take advantage of it.

Stipends are payments made outside of wages or salary, often to cover specific expenses. Stipends are taxable, but typically employers don't withhold taxes.

How does the SEC whistleblower program work? Let's see what the average award amounts are and how they're taxed. Does it pay to provide information to the SEC?

A health savings account (HSA) could help you combat inflation thanks to its tax benefits. Here's what we know about an HSA account as a hedge against inflation.

The Connecticut child tax rebate program is offering $250 per child, and you may get up to $750. Who's eligible for the check?

Stock buybacks will see a tax code change after the Senate passed the Inflation Reduction Act of 2022, but the maneuver still receives favorable tax treatment.

Missouri’s tax-free weekend offers relief from sales tax on various items, such as school supplies, but price limits apply.

Georgia (GA) allows claiming an unborn child as a dependent on state taxes. An expectant parent or parents claim a deduction of $3,000.

Tax-free weekends are a great time to stock up on food, clothes, and just about anything else. These some states with tax-free weekends.

Many of the top companies in the world are incorporated in the state of Delaware. Why is that, and what benefits does the state offer?

On June 21, the U.S. Supreme Court ruled that taxpayer dollars could be used to pay for religious schools. Do religious schools pay taxes?