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, March 17, 2015 3:18 pm
By Kay Bell · Bankrate.com

The Internal Revenue Service is likely to see its budget cut even more by Congress. One representative is trying to rally support for a budget hike. Good luck.

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Thursday, March 12, 2015 4:39 pm
By Kay Bell · Bankrate.com

Did or will you get a refund? What did or do you plan to do with it? Most folks surveyed by Bankrate say they’ll pay down debt or put the tax cash into savings.

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Tuesday, March 10, 2015 3:22 pm
By Kay Bell · Bankrate.com

Thinking about hiring a tax pro? Finding a good one is a major problem for many taxpayers, according to a recent tax season evaluation by some consumer groups.

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Thursday, March 5, 2015 2:30 pm
By Kay Bell · Bankrate.com

A recent look at profitable big businesses found 11 companies that paid no U.S. taxes in 2014. This is one reason why we’re likely to see corporate tax reform soon.

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Wednesday, March 4, 2015 12:44 pm
By Kay Bell · Bankrate.com

Congress can’t seem to agree on much nowadays, so one senator is proposing tax law changes by White House executive order. That’s not a good idea.

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Thursday, February 26, 2015 10:18 am
By Kay Bell · Bankrate.com

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.

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Tuesday, February 24, 2015 1:50 pm
By Kay Bell · Bankrate.com

State taxes are a complication and cost for millions of U.S. taxpayers. MyFreeTaxes offers online and in-person help at no cost.

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Thursday, February 19, 2015 1:41 pm
By Kay Bell · Bankrate.com

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.

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Tuesday, February 17, 2015 12:34 pm
By Kay Bell · Bankrate.com

Tax filing season seems to be going well so far, but we’re also starting to get reports of Obamacare tax troubles.

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Thursday, February 12, 2015 2:34 pm
By Kay Bell · Bankrate.com

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?

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