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The Tax Break That Millions Miss Out On
There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of... read more »
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Afraid of an IRS Audit? It's Not As Bad As You Think
No one is claiming that an IRS audit is a cakewalk. But a tax audit is probably less likely -- and less gruesome -- than most people fear. And... read more »
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The Hidden $1,000 Bonus Obama Put in Your Paycheck
While many Americans are hoping the fellows running for president will give them a tax cut, President Obama has already given all of us one... read more »
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A Few Basic Tax Terms That 'The Man' Doesn't Want You to Understand

Tax Prep Nightmare: Don't Get Ripped Off by Your Tax Pro


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You know your federal taxes pay for government programs and services, like roads and national defense. And you may even know the difference between FICA and income tax. But did you know if you want to buy sparklers in West Virginia, you can expect to pay a special fee?
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Did you know President Abraham Lincoln, one of America's most beloved leaders, also instituted one of its least liked obligations - the income tax? In tihs brief history of taxes, see the historical events which shaped income taxes in the United States today.
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Ever wondered which state has the highest gas tax or the lowest overall tax burden? Interact with the infographic below to compare income tax, property tax, and other taxes by state.
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Thinking about making a charitable donation, or want to bestow your generosity on a loved one? The first thing you have to do is understand the tax implications. Not every charity is created equal when it comes to donations. Some may not qualify to have gifts count as tax write-offs, and some others may not be fulfilling their mission. It's up to you to do the checking to know if your check is getting to the right place for the right purposes.
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Parents may seek tax breaks on everything from child care to educational costs and even supplies, in some cases.
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