Even if you’ve worked to get your taxes just right in previous years, changes in the tax law could mean big changes in what you owe. That may hold true even if your job and personal situation haven’t changed. That could mean a surprise ta...

2018 is half over – are you thinking about next year’s filing? Well, you should be. You already know that most of the hassle is often due to time spent gathering documents, scratching your head to remember deductions, and other administrative pap...

Filing your taxes can be a huge undertaking, even if your financial situation hasn’t changed much since last year. So submitting or mailing is often quite the stress relief. But what happens if the IRS rejects your return? And why does it get rejec...

Receiving a letter from the IRS can be scary. But a tax lien is not as terrifying as it sounds. You can stop a tax lien or even remove a tax lien from your credit files before it damages your credit score if you know the right steps to take. What Is ...

About a dozen different kinds of scams are committed during tax season, and even throughout the year. And all of these you should be aware of. Often, a tax scam will target individual taxpayers, especially vulnerable ones. The latest scam on the rise...

Although renting is becoming the standard, especially in major cities (65% in some), owning a home comes with its perks no matter where you live. Read below to understand the many tax benefits of homeownership, whether you are already a homeowner or ...

At the beginning of 2018, the IRS announced that it will not require employees to submit a new W-4 to adjust their withholding for the new tax law. Instead, the IRS sent out new tables so that employers can automatically calculate new withholding amo...

As if you needed another reason to file your taxes on time and avoid penalties, the IRS announced that interest rates are increasing for the quarter that began April 1, 2018. The interest raise has more implications than just more money owed for over...

Many taxpayers assume that taxes apply to all earnings, income, and benefits equally, whether now or later. Of course, it’s more complex than that. Some benefits may not apply to taxes at all! Understanding the taxes of each component of your f...

Do you owe money to the IRS that you can’t afford to pay at once? If so, you may be able to use an installment agreement to get more time to pay your tax debt without ruining your credit or worrying about the IRS coming after you. Here’s ...