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Taxes

Discover everything you need to know about taxes: how to file them, what happens if you don't, how they affect your credit score and more.

A young Black woman sits at a desktop computer and looks intently at the screen. One hand rests on the keyboard and the other holds a mug of coffee or tea. There is a yellow wall and blackboard behind her and two notebooks stacked on the desk beside her.

Taxes

10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go?

Update: The IRS deadline for filing taxes is April 18th, 2023. This applies to most taxpayers. Those that request an extension will have until October 16th, 2023 to file. The federal government spent a total of $6.3 trillion from October 2021 through September 2022, according to the U.S. Treasury Department’s Combined Statement of Receipts, Outlays... Read More

| March 6, 2023

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Don't let your last-minute tax stress lead to these avoidable mistakes.

Taxes
6 Tax Mistakes Procrastinators Make & How to Avoid Them
We get it. Doing your taxes is no fun, especially if you know you... Read More

April 3, 2017

A young white couple sit at a kitchen table on a laptop reviewing their tax filing for 2021

Taxes
3 Signs Married Couples Need to File Their Taxes Separately
With April 18 just around the corner, chances are you and your s... Read More

March 31, 2017

Taxes
How to Avoid a Tax Audit
Tax audits by the Internal Revenue Service scrutinize your tax re... Read More

March 28, 2017

Dreaming of owning a home? Here are the nine most common tax breaks for homeowners.

Taxes
These 9 Tax Breaks Can Help Make Homeownership More Affordable
Ben Franklin said, “nothing is certain except for death and tax... Read More

March 16, 2017

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

Taxes
Help! I Just Got a 1099-C — But I Filed My Taxes Already
You finally did it. You filed your taxes and now need only await ... Read More

March 15, 2017

how to avoid paying taxes

Taxes
10 Bizarre Claims People Make to Avoid Paying Taxes
Resistance to taxes is baked into Americans’ DNA. After all, it... Read More

February 28, 2017