Taxes Blog

Want to make filing your annual state and federal tax returns easier? Bankrate’s Taxes Blog focuses on how to deal with real-life tax situations, from which forms to file to tax brackets and rates to credits and deductions that will lower tax bills. To ensure that the tax tips are up-to-date, Bankrate’s Taxes Blog also keeps an eye on tax-law changes and the politics behind state and Internal Revenue Code alterations. See the latest posts below.
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.

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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.

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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.

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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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Thursday, April 14, 2016 12:30 pm
By Kay Bell · Bankrate.com

Sen. Elizabeth Warren doesn’t like the IRS partnership with TurboTax and other tax software companies. She wants the tax agency to provide its own free filing system.

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Tuesday, April 12, 2016 12:41 pm
By Kay Bell · Bankrate.com

You’ve got less than a week to file your tax return, unless you get an extension. Either way, though, remember that you must pay any tax you owe by April 18.

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Thursday, April 7, 2016 4:00 pm
By Kay Bell · Bankrate.com

If you don’t have a credit or debit card or a bank account, the IRS has a tax payment option for you. You can pay your federal taxes in cash at some 7-Eleven stores.

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Tuesday, April 5, 2016 2:08 pm
By Kay Bell · Bankrate.com

A massive batch of leaked financial documents sheds light on possible global tax havens of world leaders. Some of that cash is stashed in the United States.

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Thursday, March 31, 2016 11:33 am
By Kay Bell · Bankrate.com

Every year, the IRS sends refunds to most tax filers. In fiscal year 2015, total refunds came to more than $403 billion, with $208 billion of that going to taxpayers in 10 states.

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Tuesday, March 29, 2016 5:35 pm
By Kay Bell · Bankrate.com

Federal laws require a couple of reports on taxpayers’ foreign accounts. The deadline is June 30.

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