Taxes

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.

Wealthy hedge fund managers shouldn’t be paying a lower tax rate than their employees. We'll explain the carried interest tax loophole further.

Elon Musk has announced that he’ll be paying one of the largest tax bills in America. How much did the Tesla CEO pay in taxes this year?

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?

Texas is one of the states that pays a higher proportion of federal taxes than most other states, which makes it less dependent on federal revenue.

Futures contracts have unique tax advantages that traditional stock trading can't provide. Here’s the rundown so you can plan your capital gains taxes.

BLM taxes are in the news now that the Black Lives Matter Global Network Foundation has released its first public accounting of its finances.

Blac Chyna's financial status is being called into question now that her court case against the Kardashians has begun. She's now being exposed for tax evasion.

Your state and other factors will dictate where your federal tax return needs to be mailed for the 2022 tax filing season. Here's how to figure it out.

People get audited by the IRS for different reasons. If selected, dont panic. Here's a look at what happens when the IRS audits you.

If you've run into trouble while using the IRS website, check to be sure you inputted all your information correctly — plus more tips when using irs.gov.

Not having the right documents when filing taxes can lead to various errors and the possibility of you losing out on money. What documents are needed?

The FTC is suing Intuit’s TurboTax. If you were misled by deceptive advertising, you may be able to join the TurboTax lawsuit one way or another.

If approved, Joe Biden’s billionaire tax proposal could rake in hundreds of billions of dollars over the next few years. Here’s what the tax plan proposes.

Living in a state with no taxes can reduce your financial burden. This can make all the difference for retirement or paying off debt.

Some assets can be depreciated, which means you can claim a portion of their value on taxes. However, there are other assets that can't be depreciated.

For most people, getting a tax refund is one of the most anticipated payments to get during the year. Why are some people getting a smaller tax refund in 2022?

Is art investment tax-free? Learn what capital gains taxes you’ll face if you sell artwork—and what tactics investors are using to get tax breaks.

Want to know how to get W-2 forms from past employers? See when to expect the tax document — and what to do if your former employer doesn’t send it.

With NFT artists making millions of dollars around the world on their creations, artists can’t forget about NFT taxes. Here's what NFT artists can expect from income taxes.

When tax season arrives, many expenses are tax-deductible. Are political contributions tax-deductible? Here are a few things to consider before donating.

Some homeowners may be able to list interest paid on a home equity loan as a tax-deductible expense for this year’s taxes. Here’s how it works.

Are assisting living expenses tax deductible? What about nursing home costs? Learn more about when you can deduct these expenses on your tax return.

If you’re preparing to purchase a home, you may be wondering whether property taxes are paid in advance or arrears.

If you live in a municipal utility district (or MUD), you’ll be required to pay tax to fund utility services.

How do military members file taxes? The IRS’ Free File Online service and the Department of Defense’s MilTax service can streamline the process.

Most Americans want to pay as little as possible on taxes while staying above the law. That’s why deductions are so important. What portion of your medical expenses can you deduct?

Do you pay property tax on condos? Yes, condo owners pay property taxes in addition to homeowners association fees. Learn more here.

As always, people are looking for ways to reduce their tax liability this season. Some want to know if union dues are tax deductible.

Can grandparents claim the Child Tax Credit for 2021? Yes, if they’re eligible. They might also be eligible for the Earned Income Tax Credit, too.

Do non-profits pay property tax? Non-profit organizations with charitable purposes can be exempted — but can still face pressure to pay other payments.

Most mortgage payments include property taxes, but you need to know what to do after you pay off the mortgage.

There are many ways to lower your tax bill, and some include claiming certain expenses. Is therapy tax deductible?

It’s tax season and many people are looking forward to getting a tax refund. Does a tax refund count as income when you file the following year?