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Looking for ways to lower your tax bill? Consider moving to one of these states. → Read More
A living trust is an estate planning tool that can help you prepare for an uncertain future, avoid the hassle of probate and preserve your privacy. → Read More
A living will sounds similar to a normal will, but it serves a different purpose. Learn how a living will helps serve your wishes in medical emergencies. → Read More
The IRS typically leaves your government benefits alone. These are the exceptions. → Read More
The IRS punishment for taxpayers who don't observe deadlines can be onerous. There's a tax penalty for every type of offense, including failure to file, failure to pay or not paying enough throughout the year. Learn more about taxes at Bankrate.com. → Read More
The U.S. has extended the April 15 tax-filing deadline to July 15, giving Americans more time to prepare and pay their taxes amid the coronavirus outbreak. → Read More
Got only a week to file your taxes? Bankrate provides a seven-day countdown to April 18. → Read More
If you accepted a job in a new location, let the IRS help pay for some of your move by using the moving expenses tax deduction. → Read More
Several higher taxes for wealthy taxpayers kicked in a few years ago and remain in effect. The income levels to which they apply vary. Learn more about taxes at Bankrate.com. → Read More
From math errors to misspelled names, one slip could cost you or delay your tax refund. → Read More
During the second presidential debate, Donald J. Trump acknowledged that he paid no federal income tax some years. Here are 7 strategies that could lead to paying zero taxes. → Read More
Taxes take time to complete and that time costs a lot of money, around $409 billion, according to a recent Tax Foundation study. → Read More
Philadelphia is about to become the largest U.S. city to tax beverages, sugar-sweetened and otherwise. In pushing for the tax, officials opted for the honest we need the money approach. → Read More
taxes How and why to adjust your tax withholding By Kay Bell • Bankrate.com Maskot/Getty Images The U.S. tax system is pay-as-you-earn. That's why most Americans take care of the bulk of their annual tax bills via payroll withholding. Through this process, a percentage of your pay is taken out each pay period and sent to the IRS. Any difference in your ultimate tax bill is reconciled when you… → Read More
The Earned Income and additional child tax credits help put added money in the hands of millions of filers. They also are a source of tax fraud. A new law will delay refunds in 2017 on returns that claim these credits. → Read More
Students duped into taking out loans to pay for college could get a tax break if a new Senate bill gets some traction. → Read More
Moving is a pain, even for the rich. In fact, a new study finds that the wealthy don't move that much even if relocation would lower their tax rates. → Read More
A man's home literally is his castle for a former king of Romania. He says a war veterans' tax break means he shouldn't owe real estate taxes on the property. → Read More
Joseph Plotz/Moment/GettyImages States with highest gasoline taxes It costs more to drive in these states. The federal gasoline excise tax rate is 18.4 cents per gallon. States then add their own taxes and fees. The American Petroleum Institute's April 2016 review (done quarterly) found 23 states with combined gas taxes and fees higher than the national average of 48.04 cents per gallon. Check… → Read More
Law enforcement made some progress this week against the huge telephone tax scam. 5 people were arrested for allegedly being part of the largest tax scam ever. → Read More