The Roth IRA is one of the most powerful retirement tools available, and your child may be able to open one before they become an adult.

Tax season is back, and while some taxpayers may be looking forward to their refunds, others may be dreading the process of ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...

Americans with a Roth IRA, or individual retirement account, and who plan to retire abroad may want to consider some risks. With a Roth IRA, you can make after-tax contributions and tax-free ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

U OF M EXTENSION SERVICE With tax season approaching, many farm managers have been asking what tax law changes might impact them as they meet with income tax professionals. Listed below is a quick ...

NYC's leadership promotes the "NYC Free Tax Prep" program to help residents save on tax filing fees and claim credits.

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...