If you owe federal tax, the IRS offers many convenient ways to pay. Make sure you pay by the April 15 deadline, even if you get an extension of time…

Tax identity theft is the theme of the week, but it’s not the only tax scam we’re talking about. Complaints to the FTC about IRS imposter scams have shot up…

Here’s a scam with an FTC angle. The letter has an official-looking FTC seal and is signed by “FTC Director” Jessica Rich. It says someone at the FTC will help…

Bartering is the trading of one product or service for another. Often there is no exchange of cash. Some businesses barter to get products or services they need. For example,…

Did you contribute to an Individual Retirement Arrangement last year? Are you thinking about contributing to your IRA now? If so, you may have questions about IRAs and your taxes.…

If you gave money or property to someone as a gift, you may wonder about the federal gift tax. Many gifts are not subject to the gift tax. Here are…

If you paid for work-related expenses out of your own pocket, you may be able to deduct those costs. In most cases, you claim allowable expenses on Schedule A, Itemized…

If you get your health insurance coverage through the Health Insurance Marketplace, you may be eligible for the premium tax credit. Here are some basic facts about the premium tax…

When you give a gift to charity that helps the lives of others in need. It may also help you at tax time. You may be able to claim the…

Special tax rules may apply to some children who receive investment income. The rules may affect the amount of tax and how to report the income. Here are five key…