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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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

Unemployment Taxes: Do You Owe Taxes on Unemployment Income?
Unemployment taxes are the taxes you pay on unemployment income. ... Read More

March 2, 2022

Claiming an Elderly Parent as a Dependent and Other Caregiver Tax Benefits
Millions of Americans provide part or full-time care for loved on... Read More

February 28, 2022

How to Do Your Taxes for Free
Filing your taxes probably isn’t at the top of your list of fav... Read More

February 22, 2022