Taxes

Would Trump Take Away Your Mortgage Interest Deduction?

By Rob Garver

In the complicated world of federal tax expenditures, there is perhaps no provision more loved by its beneficiaries and more hated by academic economists than the mortgage interest deduction. For...
Tax Scammers Never Sleep: IRS Names 4 Summer Scams to Avoid

By Beth Braverman

Tax season may be over, but that doesn’t mean that crooks are done impersonating the IRS to try to steal your identity — and your cash.
If Trump's Tax Plan Passes, Here Are the Deductions and Breaks You Could Lose

By John W. Schoen, CNBC

The question of whether you'll be paying more in taxes under President Donald Trump may hinge on how much you use tax deductions now. Trump has said he will unveil on Wednesday the outlines of his...
Trump’s Tax Plan Could Affect Your Social Security

By Rob Garver

The Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social...
Need a Tax Extension? 5 Things You Should Know

By Beth Braverman

If you’re among those who are going to miss the tax deadline, you’ll need to file for an extension with the IRS. Here’s what you need to know.

Two Smart Ways to Use Your Tax Refund: Which One Is Right for You?

By Lynn Wolfbrandt, Brad's Deals

Ah, the tax refund. That thing I used to spend before I even got it. Maybe you’re familiar with this fun and healthy spending pattern: Related: Haven’t Filed Yet? Lower Your Taxes With This Last...
Haven’t Filed Yet? Lower Your Taxes With This Last Minute Move

By Beth Braverman

Taxes may be due in just a few weeks, but many taxpayers can still trim their 2016 tax bill and increase their long-term financial security at the same time. That’s because tax-deductible...
The Best Ways to Use Your Tax Refund – and the Worst

By Janna Herron

Here’s what you should do with your tax refund to get closer to financial security – and what you should avoid.
Spend or Save Your Tax Refund? Here’s What Most People Are Doing This Year

By Beth Braverman

The retail boom that often follows tax season may be smaller this year, as fewer Americans are planning to spend their returns. Of the two-thirds of Americans expecting a refund this season, only one...
Here’s Why You Owe the IRS So Much in Taxes This Year

By Janna Herron

The vast majority of filers — more than 70 percent — do get money back from the government, with the average refund close to $3,000, according to the IRS. But every year, some taxpayers get a nasty...

Taxpayer Alert: IRS Has $917 Million in Unclaimed Refunds

By Alllison Linn, CNBC

It sounds like an e-mail scam, but this one is actually true. The Internal Revenue Service has hundreds of millions of dollars in unclaimed 2009 tax refunds, and you may be eligible for the money...
10 Wacky Tax Deductions You’re Likely to Miss

By Brianna Ehley, The Fiscal Times

Most taxpayers are aware of common tax write offs like business travel expenses and charitable donations, but there are plenty of less obvious deductions that can save you a lot of cash.
8 Smart Ways to Lower Your Taxes in Retirement

By Steve Yoder, The Fiscal Times

Planning your income in retirement—and reducing your overall tax bill— is critical to making your money last. Here are nine ways to manage your tax bite after you leave the workforce.
Sequestration: A Fiscal Diet That Won’t Fix the Deficit

By Bruce Bartlett, The Fiscal Times

Every budget expert I know thinks the sequester is just about the stupidest way of cutting spending imaginable, because it cuts equally from fat, muscle and bone. I certainly agree, but today I want...
Only Ryan Takes on the 800 Lb. Gorilla--Medicare

By Edward Morrissey

Most of the budgetary focus of the past month has settled on the sequester that hit on March 1, and the scare stories spun by the president and his fellow Democrats over what amounts to a temporary...

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