Basically, to pay for the “Trump tax cuts” sacrifices have to be made. According to the document, that could mean getting rid ...

Tax season is upon us once again, and while many Americans can look forward to a refund in the coming weeks, that's not the ...

Both tax breaks are "refundable," meaning filers can use the credits to claim a refund, even without tax liability. Many ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

For Lakeba Franklin, tax debt became an overwhelming burden after she took an early withdrawal from her IRA to cover the costs of critical surgery. The IRS imposed penalties, leaving her with a ...

It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

Clear Start Tax has helped countless clients slash their IRS debt, halt collections, and negotiate favorable settlements. From Offer in Compromise agreements to installment plans and penalty ...

Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...

“This means you subtract the interest paid from your income, potentially lowering your overall tax liability.” The Form 1098 ...

Though death and taxes may be certain, investors should always seek legal ways to minimize their tax liability. Lower taxes mean higher net investment returns and higher disposable income.

Late last year, the Office of the State Comptroller (the “OSC”) estimated that sales and use tax receipts would increase by 2.3% in the SFY ...