Personal Finance Advice and Commentary

Thursday, May 19, 2016 11:12 am
By Kay Bell · Bankrate.com

Taxes can be tough to pay sometimes. A Portugal resident found his tax bill so high that he resorted to robbing banks to cover it.

Tuesday, May 17, 2016 1:46 pm
By Kay Bell · Bankrate.com

Legalizing marijuana at the federal level and in all states could bring in billions. It wouldn’t really make a big dent in government budgets, but it would make many constituents happy.

Thursday, May 12, 2016 12:23 pm
By Kay Bell · Bankrate.com

A U.S. senator is seeking answers from officials in Nevada and Wyoming about tax-evading shell companies in their states that were listed in the latest Panama Papers release.

Tuesday, May 10, 2016 10:04 am
By Kay Bell · Bankrate.com

Despite assurances that the IRS will send taxpayers letters before calling them, some auditors have been calling individuals unannounced. That’s changing.

Thursday, May 05, 2016 11:30 am
By Kay Bell · Bankrate.com

Payroll outsourcing giant ADP is the latest company to fall prey to identity theft hackers. This time the crooks got their hands on workers’ W-2 forms with all its vital tax-filing data.

Tuesday, May 03, 2016 1:27 pm
By Kay Bell · Bankrate.com

The NBA’s King James and other professional athletes and entertainment personalities don’t have to pay much into Social Security. Why? The annual earnings cap.

Thursday, April 28, 2016 11:55 am
By Kay Bell · Bankrate.com

Social Security, Medicare and defense spending get most of our tax dollars every year.

Tuesday, April 26, 2016 10:59 am
By Kay Bell · Bankrate.com

The latest telephone tax scam wants targeted victims to send the calling crooks iTunes gift cards. The IRS might like music, but it wants money.

Thursday, April 21, 2016 10:14 am
By Kay Bell · Bankrate.com

Another member of the House Ways and Means Committee is a tax identity theft victim. Rep. Jim Renacci shared his story with his colleagues and introduced a bill to fight the crime.

Tuesday, April 19, 2016 12:27 pm
By Kay Bell · Bankrate.com

The Commander in Chief files taxes just like the rest of us. The Obamas (and Bidens) released their 2015 returns. But we’re still waiting for more from folks who want to take their place in the White House.

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