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
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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.

    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
  • Tax 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…

    U.S.News & World Report
  • 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.

  • 5 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.

  • 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 Report
  • Tardy 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 Press
  • H&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…
  • 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 Report
  • How to Double Your Money Every 4 Years

    In a recent study, a group of University professors show how 539 individual investors were able to consistently double their money every 3.5 years.

  • What 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.

  • You may be exposed to estate taxes without realizing it

    Some unsuspecting middle-class folks are indeed exposed to the tax.

  • A 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 Journal
  • 10 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.

  • 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 ...

    Associated Press
  • Congress wants to know how thieves stole tax info from IRS

    Congress is demanding answers about how identity thieves were able to steal the personal tax information of more than 100,000 taxpayers from an IRS website. Senate Finance Committee Chairman Orrin Hatch ...

    Associated Press