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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Important Tax Document Enclosed: 4 Tax Forms to Watch Your Mailbox For
Update: Due to the pandemic, the IRS has extended the tax de... Read More

February 10, 2021

How Long Does a Tax Lien Stay on Your Credit Report?
It’s a trick question, because as of April 2018, tax liens ... Read More

December 10, 2019

How Taxes Affect Your Credit Score
NOTE: Due to the COVID-19 coronavirus pandemic, the IRS has exten... Read More

December 3, 2019

Understanding How Solar Tax Credits Work
The U.S has been grappling with the idea of making renewable ener... Read More

February 19, 2019

Understanding What to Do with Unfiled Tax Returns
The IRS has taken down Al Capone, Wesley Snipes, Martha Stewart a... Read More

February 18, 2019

18 Ways the New Tax Laws Affect You
The final 2017 Tax Cuts and Jobs Act legislation passed December ... Read More

February 1, 2019