Latest Taxes

There’s an Important IRS Deadline Coming This Month
There’s an Important IRS Deadline Coming This Month Taxes September 16, 2022
Have you failed to file your taxes over the last few years? If so, the Internal Revenue Service (IRS) has…
8 Ways Inflation Can Increase Your Tax Bill
8 Ways Inflation Can Increase Your Tax Bill Taxes July 18, 2022
INFLATION HAS BEENthe big economic story of 2022. Steep increases in consumer prices have hurt families in many ways—some of…
Traditional vs. Roth: A Quick Answer for Your Investments
Traditional vs. Roth: A Quick Answer for Your Investments Investing & Retirement May 5, 2022
Choosing between a traditional and Roth 401(k) or IRA means sifting through a number of variables. But if you have…
Why You May Not Get Your Tax Return Back Until December
Why You May Not Get Your Tax Return Back Until December Money & Credit April 29, 2022
Now that Americans have survived the most recent Tax Day, millions of people will be waiting months for the IRS…
tax documents
How Long Do You Need To Keep Tax Documents? Taxes April 4, 2022
Come tax time,money expert Clark Howardsays he always gets questions about how long you should keep tax-related documents. “When you’re…
Where’s My Tax Refund? How To Check the Status of Your Tax Refund
Where’s My Tax Refund? How To Check the Status of Your Tax Refund Money & Credit March 14, 2022
What's one of the first things on your mind after you submit your tax return each year? I've got a…
When You Should (and Shouldn’t) Use a 529 Plan
When You Should (and Shouldn’t) Use a 529 Plan Children & Pets February 25, 2022
It's a natural inclination for parents to start thinking about a child's education as soon as their baby is born.…
6 Tax Breaks for Retirees
6 Tax Breaks for Retirees Taxes February 10, 2022
It's officially tax season. Did you know that tax credits exist to help retirees save on their tax bills? The…
New IRS Online Security Process: Is It Safe?
New IRS Online Security Process: Is It Safe? Money & Credit February 7, 2022
If you want to access your Internal Revenue Service (IRS) account online, soon you'll have to verify your identity through…
What Are the Tax Consequences When You Get or Leave a Huge Tip?
What Are the Tax Consequences When You Get or Leave a Huge Tip? Money & Credit February 3, 2022
If you're a fan of human interest stories, you've probably seen articless about celebrities leaving an enormous tip. And if…
TurboTax
The Little-Known Fidelity Tax Perk You Should Be Aware Of Taxes January 26, 2022
With tax time speedily approaching, many Americans are bracing for the prospect of having to pay Uncle Sam some money…
Major Tax-Reporting Change for Users of Venmo, PayPal and Others
Major Tax-Reporting Change for Users of Venmo, PayPal and Others Money & Credit January 24, 2022
The Internal Revenue Service is cracking down on people who underreport earnings received through digital payment apps such as PayPal,…
When Should You Get an Accountant To Do Your Taxes?
When Should You Get an Accountant To Do Your Taxes? Money & Credit January 12, 2022
Now that 2021 is over, you may be starting to think about your tax return which is due on April…
The CARES Act allows you to deduct up to $600 for charitable giving on top of your standard deduction.
How To Get a 2021 Tax Deduction of Up to $600 Right Now Money & Credit December 13, 2021
Good news: You're probably eligible for hundreds of dollars in extra tax deductions if you donate to charity by the…
10 Year-End Strategies To Cut Your Tax Bill
10 Year-End Strategies To Cut Your Tax Bill Money & Credit November 22, 2021
Ben Franklin wrote, “… in this world nothing can be said to be certain, except death and taxes.” If you're…
child tax credit
Should You Opt Out of Child Tax Credit Payments? Taxes July 22, 2021
The U.S. government has begun sending some parents monthly tax credit payments as part of changes outlined in the American…
Ask Clark money column
We Still Haven’t Received Our Federal Tax Refund. What Should We Do? Taxes July 14, 2021
Welcome to Ask Clark, a column designed to answer your financial questions, bymoney expert Clark Howard. How Do We Track…
What You Need To Know Before You DIY Your Taxes
What You Need To Know Before You DIY Your Taxes Taxes March 3, 2021
DIY tax filing is all the rage these days. Online tax filing programs are widely available, and many of them…
Ask Clark money column
Do We Get Tax Breaks for Working From Home During the COVID-19 Pandemic? Taxes February 8, 2021
Welcome to Ask Clark, a column designed to answer your financial questions, by money expert Clark Howard. With Many Employees…
Free tax filing software online
7 Free Federal and State Tax Filing Services for 2022 Taxes January 26, 2021
The IRS has announced important tax dates for 2022, which means it's time to decide where to file. If your…
When Are Taxes Due? Important Tax Dates in 2022
When Are Taxes Due? Important Tax Dates in 2022 Taxes January 15, 2021
Mark your calendars: The Internal Revenue Service (IRS) announced it is accepting and processing tax returns starting on January 24,…
Here Are the New IRS Tax Brackets for 2021
Here Are the New IRS Tax Brackets for 2021 Taxes October 27, 2020
The Internal Revenue Service (IRS) just announced the new annual inflation adjustments for the next tax year. The IRS says…
Social Security cards and $100 bills
26 States That Don’t Tax Social Security Benefits Taxes June 24, 2020
If you're about to start collecting Social Security benefits, you may have questions about how that new income will affect…
Unemployment Benefits
Do I Have to Pay Taxes on Unemployment Benefits? Taxes June 1, 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 20, 2020
American taxpayers unsure about how the coronavirus pandemic may affect their financial life have some tax-related relief to look forward…
tax refund
Where You Should Never Put Your Tax Refund Taxes March 5, 2020
If you're due a tax refund and don't want to wait on the Internal Revenue Service to send it to…
Internal Revenue Service (IRS) building
IRS Announces Beginning of Tax Season for 2020 Taxes January 7, 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 12, 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 25, 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 15, 2019
The Internal Revenue Service has announced its intention to roll out a new W-4 form soon — and it might…