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Taxes

Discover everything you need to know about taxes: how to file them, what happens if you don't, how they affect your credit score and more.

things taxes pay for

Taxes

10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go?

Update: The IRS deadline for filing taxes is April 18th, 2023. This applies to most taxpayers. Those that request an extension will have until October 16th, 2023 to file. The federal government spent a total of $6.3 trillion from October 2021 through September 2022, according to the U.S. Treasury Department’s Combined Statement of Receipts, Outlays... Read More

| March 6, 2023

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1099c

Taxes
What Is a 1099-C Cancellation of Debt Form?
You may need to file the 1099-C form if you have canceled debts. ... Read More

June 14, 2023

filing taxes young adults

Taxes
What Young Adults Should Know When Filing Taxes
Guest Post by FitMoney As a parent of a teenager or young adult, ... Read More

April 12, 2023

Taxes
Everything You Need to Know about 529 Accounts
Studies show that college tuition increased by 134% at private co... Read More

April 3, 2023

A young white couple sit at a kitchen table on a laptop reviewing their tax filing for 2021

Taxes
10 Steps to Prepare for Tax Season This Year
Get ahead on this year’s tax season or start planning for next ... Read More

March 16, 2023

Taxes
Understanding Tax Brackets for the 2022 Tax Year
When preparing your taxes for the 2022 tax year, one thing you’... Read More

March 3, 2023

Mother Helping her Daughter with her Homework

Taxes
What Is a Tax-Free Weekend?
Studies show that parents spend, on average, more than $650 per c... Read More

March 2, 2023