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

Credit Tools

View All Taxes Posts

5 True Stories of Totally Weird Tax Deductions
Tax season is almost upon us, which means someone, somewhere is ... Read More

January 5, 2016

5 Tax Mistakes Newlyweds Make
If you said “I do,” in 2015, cut your cake and hopefully sett... Read More

December 21, 2015

Tax-Loss Harvesting: What the Heck Is That?
While investing can help you build wealth, taxes can really take ... Read More

November 30, 2015

Haven’t Paid Your Taxes? You May Need to Cancel Your Travel Plans
The government may have a new way to stop people from running fro... Read More

November 24, 2015

The Tax Deductions You May Qualify for After a Divorce
Q. I’m getting divorced, and I think I will be final before... Read More

October 28, 2015

The Fight to Keep Your Tax Refund Is a Year-Long Battle
With news of the recent IRS data breach and reports that the agen... Read More

August 18, 2015