Taxes - Yahoo Finance

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    Tax fraud and identity theft: How to protect yourself

    6 ways to protect your identity from fraud during tax season.

    Yahoo Finance Video
  • Play

    Tax fraud and identity theft: How to protect yourself

    Here are 6 tips to protect yourself from identity theft during tax season.

    Yahoo Finance Video
  • 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.

    Yahoo Finance
  • 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 Finance
  • Here's how much income is taxed around the world

    Taxes on wage income vary heavily around the...

    Business Insider
  • Whose tax is it, anyway?

    Editor’s note: This column is the first part in a two-part series

    The Garden Island (Lihue)
  • The collapse of a huge for-profit college company could cost taxpayers $200 million

    The abrupt closure of for-profit Corinthian Colleges Inc. may cost U.S. taxpayers more than $200 million in canceled student loans. Corinthian reached an agreement on Sunday with the Education Department ...

    Bloomberg
  • Hello? 8M phone calls unanswered as IRS cut taxpayer service

    The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services to help pay to enforce President Barack Obama's ...

    Associated Press
  • Study finds illegal immigrants pay $11.8B in taxes

    A new nationwide study on the fiscal implications of illegal immigration concludes that millions of undocumented immigrants are paying billions of dollar in taxes into state and local coffers, and that substantially more would be generated if President Obama prevails in imposing a new executive…

    The Fiscal Times
  • 5 things to know about Tax Day: For most, it's not that bad

    WASHINGTON (AP) — Wednesday is the deadline for filing income tax returns, a day long associated with the dread of rushing to fill out complicated forms and, perhaps, making a payment to Uncle Sam.

    Associated Press
  • Your tax bill isn’t as bad as you think

    The tax burden in the United States is reasonable compared with other countries.

    Yahoo Finance
  • If you made a mistake on your taxes

    It’s a common occurrence during tax-filing season to discover that you botched a previously filed return.

    The Wall Street Journal
  • Avoid these costly mistakes on your tax return

    "If you paid an insufficient amount of taxes throughout the year, you'll receive an underpayment penalty," says Melanie Lauridsen, technical manager on the American Institute of Certified Public Accountants tax staff. "If you're supposed to pay estimated taxes and don't, you can't just write a…

    U.S.News & World Report
  • Corporate tax havens stiff taxpayers by $110B a year

    On the eve of Tax Day, a prominent consumer advocacy group on Tuesday provided a vivid reminder of how some of the largest Fortune 500 companies avoid paying billions of dollars in U.S. taxes on profits parked overseas. Last year alone, the U.S. Treasury and state governments lost roughly $110…

    The Fiscal Times
  • FACT CHECK: Estate tax hits fewer than 1 percent of estates

    WASHINGTON (AP) — The federal estate tax inspires a lot of heated political rhetoric for a tax that very few people actually pay.

    Associated Press
  • 10 ways to waste your tax refund

    The smarter way to spend your tax refund: Before you take on more debt, pay off the debt you already have. The smarter way to spend your tax refund: Rather than head to the mall with your refund, go to the bank to open an interest-bearing savings account to start an emergency fund--or build upon…

    Kiplinger
  • Ten percent of S&P 500 companies avoid paying U.S. taxes

    Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. The biggest factor is the recent wave of companies, such as Medtronic Plc and Mylan NV, that have completed what’s known…

    Bloomberg