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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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Man at laptop computer contemplating how the new tax laws affect him

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

February 1, 2019

Here's a list of 50 things to keep in mind as you get ready to file your taxes.

Taxes
What Do I Need to Know If I Haven’t Filed My Taxes Yet?
Like most people, I haven’t filed my taxes yet. I’m busy. I h... Read More

January 15, 2019

Taxes
1099-Cs and Your Taxes: What You Should Know
Not many know what a 1099-C is or why they receive it. But these ... Read More

October 26, 2017

Bigger payouts from the airlines could get a review from the IRS. Here's what a tax expert has to say.

Taxes
I Got an Airline Voucher for Being Bumped. Do I Owe Taxes?
Unless you’ve been living under a rock the last month, chances ... Read More

May 3, 2017

The IRS expects you to pay taxes on all sorts of earnings, including these five things you might be overlooking.

Taxes
5 Items You Should Pay Taxes On (But Aren’t)
When it comes to taxes, everyone knows you have to report your ... Read More

April 7, 2017

These are the things you can start doing right away to reduce your tax bill next year.

Taxes
11 Ways to Reduce Next Year’s Tax Bill
If you claimed the right number of dependents and standard deduct... Read More

April 4, 2017