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.
Tuesday, November 12, 2013 1:05 pm
By Kay Bell · Bankrate.com

Inflation is low, but it’s enough for the IRS to boost 2014 standard deduction amounts.

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Thursday, November 7, 2013 12:55 pm
By Kay Bell · Bankrate.com

The IRS’ annual inflation adjustments bump up the amount of money in each income tax bracket for 2014.

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Tuesday, November 5, 2013 6:00 am
By Kay Bell · Bankrate.com

A San Francisco lawmaker wants voters to agree to a 2-cents-per-ounce tax on soda and other drinks with added sugar. Does the soda tax have a chance?

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Friday, November 1, 2013 3:54 pm
By Kay Bell · Bankrate.com

No more worries about using or losing your medical flexible spending account, or FSA, money. Uncle Sam now allows you to carry over $500 in unused FSA funds each year.

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Tuesday, October 29, 2013 3:19 pm
By Kay Bell · Bankrate.com

States are turning to higher sales taxes to boost their bottom lines, says one recent study.

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Tuesday, October 22, 2013 4:45 pm
By Kay Bell · Bankrate.com

The government shutdown slowed IRS preparation for the 2014 tax filing season.

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Tuesday, October 22, 2013 1:15 pm
By Kay Bell · Bankrate.com

Uncle Sam is losing billions each year in wrong Earned Income Tax Credit claims.

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Thursday, October 17, 2013 1:30 pm
By Kay Bell · Bankrate.com

Could the debt deal be the basis for long-term tax reform?

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Tuesday, October 15, 2013 12:03 pm
By Kay Bell · Bankrate.com

Today is the final tax deadline. Submit a 1040 and money owed, or risk penalties.

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Thursday, October 10, 2013 3:08 pm
By Kay Bell · Bankrate.com

Giddy-up, businesses! The best tax climates are out West, according to the Tax Foundation.

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