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Tax fraud and identity theft: How to protect yourself
6 ways to protect your identity from fraud during tax season.
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Tax fraud and identity theft: How to protect yourself
Here are 6 tips to protect yourself from identity theft during tax season.
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The downside of striking it rich
Many people think winning the lottery or getting a hefty inheritance means all their problems will disappear. But sometimes when that daydream turns into a reality, it can actually become a nightmare.
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My experience getting audited
It's every taxpayer’s worst nightmare – an audit. Sure, big corporations and billionaires with off-shore bank accounts can expect some extra attention from the IRS. But what about personal finance bloggers who spend their days dishing advice on sound financial decisions – there’s no way they could…
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Here's what it's like to get audited
It’s every taxpayer’s worst nightmare – an audit. Sure, big corporations and billionaires with off-shore bank accounts can expect some extra attention from the IRS. But what about personal finance bloggers who spend their days dishing advice on sound financial decisions – there’s no way they could…
Yahoo FinanceWhat the Taxpayer Bill of Rights Means for You
By Kathryn Hauer, CFP Learn more about Kathryn on NerdWallet’s Ask an Advisor If you consider the Internal Revenue Service the meanest troll under the bridge, you might be surprised…
nerdwalletTax Implications for Converting a Primary Residence to Rental Property
If getting your equity out of the property isn't a must, you may also consider using the house to generate income as a rental property. This is the first of two articles about converting a principal residence to a residential income property. While we will be exploring some of the main…
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Worst states to live in for taxes
Here is our updated list of the 10 least-tax-friendly states in the U.S. Almost all of the states levy property taxes well above the national median of $1,809.
KiplingerMost Electric-Car Tax Credits Benefit Highest-Income Households
When it comes to encouraging electric-car adoption, tax credits and other financial incentives are an important tool. Critics are concerned that too great a share of tax credits are going to wealthier buyers, who may be able to afford an unsubsidized electric car. The study found that the…
Green Car Reports5 ways to cut your Social Security tax bill
Retirees with high income can give up a sizable chunk of their Social Security income to taxes. Here's how to trim the bill.
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20 Money Moves to Make Before the End of the Year
With just a few months left until the end of the year, it's time to squeeze in some last-minute retirement savings, revisit financial goals from the beginning of the year and update your insurance accounts, among other tasks. U.S. News reached out to financial planners about the action steps you…
U.S.News & World ReportTardy tax filers risk loss of health care subsidies
WASHINGTON (AP) — Sign-up season for President Barack Obama's health care law doesn't start for another couple of months, but the next few days are crucial for hundreds of thousands of customers at risk of losing financial aid when they renew coverage for 2016.
Associated PressH&R Block snuck language into a Senate bill to make taxes more confusing for poor people
H&R Block's entire business model is premised on taxes being confusing and hard to file. For example, the Obama administration has pushed for automatic tax filing, in which the IRS uses income information it already has to fill out your tax return for you. At the company's instigation, the Senate…
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3 Important College Funding Questions to Answer During a Divorce
In ideal situations, parents begin saving for their child's college education shortly after birth, leveraging their combined incomes to create a united front against ever-increasing tuition hikes.
U.S.News & World ReportWhat Every Home Seller Needs to Know About Mortgages
Your home is staged to perfection, and you've got a terrific agent lining up showings. Now be sure you've got the financial angle of your home sale covered.
ZillowThe 10 worst states for property taxes
Residents of the Garden State are paying a whole lot for their gardens, according to a new analysis of property tax rates by the Tax Foundation. Property taxes in the U.S. are a complicated patchwork of different policies set by states, cities and counties as well as local school boards, fire…
The Fiscal TimesYou may be exposed to estate taxes without realizing it
Some unsuspecting middle-class folks are indeed exposed to the tax.
MarketWatchA new tax break for married couples
The Internal Revenue Service recently released final rules detailing a generous estate- and gift-tax break for married couples who don’t set up expensive trusts before death. The break, known as “portability,” allows spouses to pass nearly $11 million of assets to heirs free of estate tax. …
The Wall Street Journal10 states where taxes are going up
Some states, still facing tight budgets after years of recession and slow recovery, are turning to tax increases to make up for the shortfalls.
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IRS needs to do more to fight cyberattacks, watchdog says
The IRS has failed to implement dozens of security upgrades to combat cyberattacks, leaving the agency's computer systems vulnerable to hackers, a government watchdog told Congress on Tuesday. The agency's ...
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