The U.S. government doled out more than $13 billion last year in improper payments of a tax credit meant to help the working poor, according to a government watchdog.
Though your property may be a money pit, you may still have to file taxes every year.
Style-conscious Wall Street types are looking elsewhere for smart suits as a crackdown on customs duties makes London tailoring even pricier
Four weeks into tax season, the IRS paid out more than 48 million refunds, at an average of $3,034 a pop. That's up 3% from the average refund paid during the same period last year, the agency said Thursday.
The AMT is a parallel tax system that snares fewer filers now. Here's what to know.
FT analysis of data shows that people on the 40p rate will, as a group, pay more than basic-rate taxpayers for the first time this year
House Ways and Means Chairman Dave Camp put forth a tax reform proposal Wednesday that calls for lowering income tax rates for most Americans and businesses, but also reducing the value of or eliminating entirely key tax breaks, too.
Before going out and spending the money, consider other options for your tax refund.
Dave Camp’s proposals face political challenges, but Wall Street companies fear they could give a bipartisan veneer to ideas for levies on their assets
Thanks to the fiscal cliff deal and the Affordable Care Act, the top 1% of taxpayers - and many in the top 3% as well - will have to pay a bigger tax bill come April 15.