Taxes

Interest payments on multiple types of loans can be tax deductible. The interest on student loans is tax-deductible but what about the interest on car loans?

Donating to a church every week can add up to a decent amount of money. Is tithing tax deductible? Here are the IRS requirements for tithing.

If your property taxes have increased considerably, there are ways to challenge the increase. Here are some tips on how to protest property taxes.

If you’re wondering whether tax preparation fees are deductible, the answer depends on whether the expenses are for personal or business taxes.

Is HOA tax deductible? Here are the situations where the IRS allows homeowners to deduct homeowners association fees from their tax returns.

Is cosmetic surgery tax deductible? What about dental implants or LASIK? Here are the medical expenses that can be claimed as deductions.

Is COVID a natural disaster for taxes? See what the IRS and tax experts say about the disaster designation of the COVID-19 pandemic.

If you’re looking to get a higher tax refund in 2022, consider claiming these credits, when applicable. Learn how to make the most of tax credits.

There are different ways to calculate your cryptocurrency cost basis for capital gains taxes. We'll discuss two options—FIFO and LIFO.

Let’s figure out when it’s worthwhile to claim yourself as a dependent on taxes. How can you claim yourself as a dependent? There are some pros and cons to doing so.

Tax credits related to COVID-19 are meant to be exempt from federal and state taxes, but Alabama needs to pass a bill to exempt those funds from state taxation.

Capital gains taxes are a form of direct tax that's applied on the sale of capital assets. How do capital gains tax work? Let's take a look at what the tax involves.

Early tax filers who claimed the CTC on their taxes might receive their refund by Feb. 19, 2022, while others may have to wait until March 1st.

You got a jump on things and filed your taxes early. But after noticing an error, you wonder, “should I amend my tax return for a small amount?”

People are becoming alarmed after receiving notice CP80 from the IRS. It requests filers resubmit, but there are exceptions. Here is what you need to know and what it means for your taxes.

Want to save money doing your taxes this year? The mobile payment service Cash App offers tax filing that's entirely free to use. Is Cash App Taxes legit?

The IRS is delaying processing refunds for those claiming the EITC or ACTC in 2022. Processing will start in mid-February and refunds should be received around March 1.

Although the IRS is on track to process 2021 tax returns quickly, your refund still might be delayed. Why is the IRS still struggling to keep up?

Pet owners can't claim pets as dependents for tax purposes, mainly because they don't have Social Security numbers. However, there are some pet-related tax breaks.

If homeowners don't pay their annual property taxes, they could eventually lose their homes due to delinquent property taxes. How does a delinquent property tax sale work?

After an increase in fake IRS texts last year, the agency is warning the American public about text scams involving unemployment or stimulus checks.

Child support isn't taxable income for the recipient. Also, it isn't tax-deductible for the parent paying it. Child support is regarded as tax-neutral by the IRS.

According to the IRS website, the agency won’t start issuing EIC tax refunds until March 1, 2022, or a few days earlier for those who have direct deposit set up.

If you’re looking to get more bang for your Bitcoin buck, consider moving to the crypto to Portugal. Why is Portugal a crypto tax haven?

Even though countries with the highest taxes are among the happiest, a recent survey showed that Americans don’t want to pay more taxes to be happier.

Logan Paul chose to move to Puerto Rico in 2021, but the practice is more common than you might think since it's a way for people to save on taxes.

Who pays the taxes on a gift? Learn more about when a gift is taxable, who’s responsible for filing a gift tax return, and what exclusions apply.

For people who work in one state but reside in another, reciprocal tax agreements might be important. What is a reciprocal tax agreement?

Is the income made from proof-of-stake mining taxable? Let's take a look at the IRS's recent decision on cryptocurrency and what it means.

Moving to a high-tax state might put significant pressure on your wallet. Here are the states with the highest taxes.

If you want to check your economic impact payment history, refer to letter 6475. Here's how you can get letter 6475 and other stimulus information online.

While tax return season is stressful, it can be a financial break for some people. Many people are asking the same question—why is my tax return so high in 2022?

Colleges across the country have already started sending out IRS Form 1098-T tuition statements to students. Does a 1098-T increase your refund?

On the fence about getting married? You might consider tying the knot if you’re looking for significant tax breaks. Why do married couples get tax breaks?

Millions of Americans received unemployment benefits and extra unemployment payments in 2021. Do you have to report all of these on your taxes?

Reporting taxes also includes reporting capital gains. Yes, you have to report stocks on your taxes when you file. Here's what to know.

Tax errors are commonplace and are usually made by the person doing the filing. Why don't some employers take out federal tax? How can it be fixed?

Tax season has started and the IRS will reject some tax returns. The primary causes of tax return rejection are minor errors like incorrect spelling or identification numbers.

Tax filing for 2022 starts on Jan. 24 and there are a variety of services you can choose from to file. But which services let you file for free?

Legal cannabis is a big tax revenue generator. In the U.S., cannabis tax revenue has officially surpassed $10 billion. What was the cannabis tax revenue in 2021?