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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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

What You Need to Know About Filing Taxes Jointly
Your taxes probably weren’t part of your decision to get marrie... Read More

March 22, 2022

Tax Deductions: What You Need to Know for the 2021 Tax Year
You just can’t avoid it—we all have to do our taxes for the 2... Read More

March 15, 2022

Tax Tips for 2021 Filings
Note: The following is for informational purposes only and should... Read More

March 3, 2022