Latest Taxes

Ask Clark money column
Do We Get Tax Breaks for Working From Home During the COVID-19 Pandemic? Taxes February 8th, 2021
Welcome to Ask Clark, a column designed to answer your financial questions, by money expert Clark Howard. With Many Employees…
Social Security cards and $100 bills
26 States That Don’t Tax Social Security Benefits Taxes January 21st, 2021
If you're about to start collecting Social Security benefits, you may have questions about how that new income will affect…
5 Things To Know About the Earned Income Tax Credit
5 Things To Know About the Earned Income Tax Credit Money & Credit January 19th, 2021
When you file your taxes, the hope is often that you can get the most possible money back. And the…
Saver’s Credit: How To Get Free Money To Save for Retirement
Saver’s Credit: How To Get Free Money To Save for Retirement Taxes January 15th, 2021
If you think you have to earn a lot of money to be able to save for the future, you're…
17 Red Flags That Could Get You Audited by the IRS
17 Red Flags That Could Get You Audited by the IRS Money & Credit January 14th, 2021
Few things spark more fear in someone's financial life than the idea of a tax audit by the Internal Revenue…
Here Are the New IRS Tax Brackets for 2021
Here Are the New IRS Tax Brackets for 2021 Taxes October 27th, 2020
The Internal Revenue Service (IRS) just announced the new annual inflation adjustments for the next tax year. The IRS says…
Year-End Taxes: 4 Tax Moves to Help You Save Money
Year-End Taxes: 4 Tax Moves to Help You Save Money Money & Credit October 27th, 2020
Tax Day is just around the corner. Not April 15! I’m talking about the really important tax day: December 31.…
What to Do if You Can’t Pay Your Taxes
What to Do if You Can’t Pay Your Taxes Taxes July 14th, 2020
What should you do if you can't pay your taxes? The short answer is you must still file a return.…
Unemployment Benefits
Do I Have to Pay Taxes on Unemployment Benefits? Taxes June 1st, 2020
If you've lost your job because of the coronavirus pandemic, you might be new to collecting unemployment benefits.  Our Consumer…
Big Ways Coronavirus Is Impacting Tax Deadlines
3 Big Ways Coronavirus Is Impacting Tax Deadlines Taxes March 25th, 2020
American taxpayers unsure about how the coronavirus pandemic may affect their financial life have some tax-related relief to look forward…
Internal Revenue Service (IRS) building
IRS Announces Beginning of Tax Season for 2020 Taxes January 7th, 2020
Ladies and gentlemen, mark your calendars! The Internal Revenue Service has announced it will begin accepting tax returns on January…
Tax planning graphic with money
Here Are the New IRS Tax Brackets for 2020 Taxes December 12th, 2019
Each year, the change of the calendar brings with it new IRS tax brackets. Here's a look at what you…
IRS form 1040-SR
1040-SR: What you need to know about the new tax form for seniors Taxes September 25th, 2019
The Internal Revenue Service (IRS) is showing off how it hopes to simplify the federal income tax-filing process for around…
The IRS is rolling out a new W-4: What you need to know
The IRS is rolling out a new W-4: What you need to know Taxes July 15th, 2019
The Internal Revenue Service has announced its intention to roll out a new W-4 form soon — and it might…
What happens when the IRS makes an error on your taxes?
What happens when the IRS makes an error on your taxes? Taxes April 4th, 2019
Every year, millions of Americans spend money to have their taxes done by an expert so that no mistakes are…
tax refund check with money
Are you leaving unclaimed tax money on the table? Taxes March 15th, 2019
Are you one of the 1.2 million taxpayers leaving an average refund almost $900 on the table from a prior…
New 1040
The new 1040 tax form: What you need to know Money & Credit January 7th, 2019
With the simplification of the tax code brought about by the Tax Cuts and Jobs Act, the IRS has revised…
Refund reversal: White House official says tax refunds will arrive as scheduled
Refund reversal: White House official says tax refunds will arrive as scheduled Money & Credit January 7th, 2019
There's good news if you've been fretting over not getting your federal tax refund because of the partial government shutdown.…
As government shutdown goes on, don't expect tax refunds from IRS
Government shutdown: IRS says it will take your money but not issue refunds Money & Credit January 4th, 2019
As the partial government shutdown continues, agencies are starting to chime in about how they will be able to function…
1040 tax form
8 big misconceptions about the new tax law Money & Credit July 31st, 2018
You probably haven't heard much about the new tax law recently. After the rush of last-minute tax filing died down…
tax refund check
Here’s your 2018 estimated tax refund schedule Money & Credit July 10th, 2018
Looking forward to a big fat refund check this year? Maybe you'll use it to pay down debt or treat…
Free tax prep for military and civilians
Free tax prep for military and civilians Money & Credit May 22nd, 2018
As we approach tax season, TurboTax is offering free simple tax prep for military personnel. E1s through E5s get free…
tax credit
5 tax credits that could mean big bucks for you Money & Credit May 22nd, 2018
When it's time to file your taxes, you want to reduce your tax liability and get the most money back,…
tax credit
TurboTax to offer free access to tax advisors in 2012 Money & Credit May 22nd, 2018
Have you used TurboTax before but think your current tax situation has grown too complicated for them? Or have you…
How to scam-proof your taxes
How to scam-proof your taxes Money & Credit May 3rd, 2018
Happy New Year, it's tax fraud season again! This may not be what you want to hear this week, but…
Taxes
Is forgiven debt taxable income for you? Money & Credit May 3rd, 2018
If you've received a surprise 1099-C tax form in the mail, you may be wondering if it's taxable income for…
refund
Think the government already gets too much of your money? Use this calculator so you don’t overpay! Taxes March 1st, 2018
While you've been wrapped up in your 2017 tax return, the IRS has been busy crunching the numbers to find…
Received a bogus tax refund check? How to safely return it to the IRS
Received a bogus tax refund check? How to safely return it to the IRS Taxes February 27th, 2018
The IRS has a new warning about fake tax refunds being deposited into the bank accounts of taxpayers. Most of…
States where Americans pay the most (and least) in sales taxes
States where Americans pay the most (and least) in sales taxes Taxes February 22nd, 2018
With April 15 getting closer, many Americans have taxes on their minds. Of course, income tax is the prime focus…
refund
Where’s my money? How to check the status of your federal and state tax refunds Taxes February 16th, 2018
If you've filed your federal and state tax returns already, you may be checking your bank account frequently to see…