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


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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Tax Service Comparison: Discover Which Online Tax Service Is Best for You
NOTE: The tax deadline for the 2022 filing season is April 18th, ... Read More

February 17, 2023

Half of Americans Lose Money Every Year Due to This Tax Mistake
How Much Money Do You Lose to Taxes, and Do You Care? About half ... Read More

February 6, 2023

Can You Pay Taxes with a Credit Card?
Editorial Note: Any opinions, analyses, reviews or recommendation... Read More

April 13, 2022

Does IRS Collection Go on Your Credit Report?
Let’s say that you find yourself with some tax debt this year. ... Read More

April 1, 2022

How to File for an Extension for a Federal Tax Return
The deadline for filing your 2021 tax return falls on April 18, ... Read More

March 30, 2022

Why Are My Property Taxes Higher Than My Neighbor’s? (and Tips for Lowering Them)
Owning a home comes with expenses other than a mortgage payment. ... Read More

March 24, 2022