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I Got an Airline Voucher for Being Bumped. Do I Owe Taxes?

Bigger payouts from the airlines could get a review from the IRS. Here's what a tax expert has to say.

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All Taxes posts

I Got an Airline Voucher for Being Bumped. Do I Owe Taxes?
taxes

I Got an Airline Voucher for Being Bumped. Do I Owe Taxes?

Bigger payouts from the airlines could get a review from the IRS. Here's what a tax expert has to say.

Constance Brinkley-Badgett

5 Items You Should Pay Taxes On (But Aren’t)
taxes

5 Items You Should Pay Taxes On (But Aren’t)

The IRS expects you to pay taxes on all sorts of earnings, including these five things you might be overlooking.

Kat Tretina

Help! I Just Got a 1099-C — But I Filed My Taxes Already
taxes

Help! I Just Got a 1099-C — But I Filed My Taxes Already

Don't panic. Here's how to deal when a 1099-C appears in your mailbox after you've filed your return.

Myles Ma

10 Bizarre Claims People Make to Avoid Paying Taxes
taxes

10 Bizarre Claims People Make to Avoid Paying Taxes

Spoiler alert: None of these excuses work.

Megan Elliott

Renting Out Your Home? 9 Expenses You Can Write Off
taxes

Renting Out Your Home? 9 Expenses You Can Write Off

Here are some tax deductions home renters should know about.

Abby Hayes

The Wackiest Things Small Business Owners Try to Deduct
taxes

The Wackiest Things Small Business Owners Try to Deduct

What might seem crazy for one business to try to deduct could turn out to be fine for another. Here's how to know where to draw the line.

Gerri Detweiler

Will a 1099-C Hurt My Credit Scores?
Taxes

Will a 1099-C Hurt My Credit Scores?

For taxpayers, a 1099-C is the epitome of adding insult to injury. Here is a simple step-by-step guide to 1099-Cs, including helpful resources.

Gerri Detweiler

Donald Trump's Latest Tax Problem Is More Common Than You Think
taxes

Donald Trump's Latest Tax Problem Is More Common Than You Think

Donald Trump's latest tax problem involves a 1099-C - a tax form millions of Americans may be familiar with.

Michael Schreiber

The IRS Is Hiring Debt Collectors. Here's What You Need to Know
Taxes

The IRS Is Hiring Debt Collectors. Here's What You Need to Know

These private collection agencies will need to follow IRS rules. That's how you'll be able to tell if they're legitimate.

Constance Brinkley-Badgett

7 TV Characters Living in Tax Nightmares
Taxes

7 TV Characters Living in Tax Nightmares

These TV characters may have bigger tax problems than you.

Christine DiGangi

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