A White House idea to end tax-free 529 benefits resulted in a 180, with passage of a House bill to expand the college savings option.
State taxes are a complication and cost for millions of U.S. taxpayers. MyFreeTaxes offers online and in-person help at no cost.
Taking tax refund money to pay what a filer owes another government agency is not unusual. A federal lawsuit, however, says the Social Security Administration went too far.
Tax filing season seems to be going well so far, but we’re also starting to get reports of Obamacare tax troubles.
Tax identity theft and fraud is a growing issue, highlighted by problems with recent state e-filings. Will security concerns affect how you file your 1040?
Fears of fraudulent state tax returns has prompted TurboTax to temporarily halt e-filing of those documents.
Some taxpayers could be facing penalty charges connected to the Obamacare advance premium tax credit calculations. Not to worry. The IRS is waiving them in many cases.
Read the fine print when you work with your investment professional. While they tend to be knowledgeable about taxes, there’s a disclaimer somewhere that they aren’t providing you tax advice.
Social Security makes it a little easier to pay Uncle Sam what you owe him.
Parents worried about how they’ll pay for their kids’ college educations can rest easier. The White House has backed off a proposal to tax 529 plan earnings.