Congress has a habit of waiting until the last minute to change tax
rules. But at the end of 2015, lawmakers did taxpayers a favor.
It is painful enough to pay taxes throughout the year. It hurts
even more when you have to fork over additional cash when filing your
Though tax season may be daunting, there’s at least one thing about it you can look forward to: the arrival of your tax refund.
A middle-class family spends nearly $250K to raise a child. While Uncle Sam can't foot the bill for you, the Child
Tax Credit can lessen the sting.
Millennials must remain mindful of how their ever-shifting circumstances
influence their tax obligation.
Your son or daughter applied to colleges and decided where to spend the next four years. Now all you have to do is figure out how to pay for it.
What comes with a new year? Changes to the federal tax code, of course. And 2016 is no exception.
Tax breaks aren't just for millionaires. Regular folks get them, too. Take retirement saving, for example.
The changes on deductions and personal exemptions might be trivial, but
some of the revisions on other forms are more significant.
For most people, long-term capital gains are taxed at 15%. Take advantage of the zero-percent capital-gains rate for 2015.