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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Sanders Aims to Close Tax Loopholes Used by Trump
Sen. Bernie Sanders (I-Vt.) recently announced that he plans to i... Read More

October 10, 2016

The IRS Is Hiring Debt Collectors. Here’s What You Need to Know
The Internal Revenue Service will soon begin using private collec... Read More

September 28, 2016

Congratulations! You May Be Getting a Tax Break
When tax season rolls around, most of us are just relieved to get... Read More

September 20, 2016

Can Retiring to Another Country Help Me Save Money on My Taxes?
Q. I’ve heard that tax-wise, moving out of the country when you... Read More

August 28, 2016

Do I Have to Pay Taxes for the Money I Make on Airbnb?
Q. I rent my apartment using AirBnb. Do I need to report this ren... Read More

July 6, 2016

Reminder: Keep Your Tax Returns If You Want to Buy a Home
If you were planning to buy a home or refinance one you already o... Read More

May 18, 2016