American taxpayers owe about a half-trillion dollars in unpaid taxes. If the IRS were to be successful in collecting all of it, it would slash the federal deficit by half. For this reason, the IRS tends to vigorously go after taxpayers who either evade taxes or pay less than they...

If you trade stocks, you need to know the wash sale rule. Stock trading is no longer limited to financial institutions and fund managers. Thanks to brokerage apps like Robinhood and SoFi, anyone can do it. As a newcomer to the stock market, though, you should familiarize yourself...

Filing your taxes is bad enough, but finding out that someone has filed a fraudulent return on your behalf is even worse. Hopefully, you will never encounter this disconcerting situation, but if you do, it's important that you know what to do -- and what not to do. There are many...

Few people truly enjoy filing taxes, and most people just want to get it over as quickly as possible. Even if you are expecting a refund, you would probably rather be doing anything else. Now that your taxes are nearing completion, you are itching to press the "E-file My Return"...

If you tend to find it hard to get going unless there's a deadline bearing down on you, the tax filing deadline that the IRS usually announces should light a fire under you to get your forms ready. The tax deadline even applies to back taxes owed. If you need to file for a tax...

Scared you’ll overlook a form or miss a deduction? Mistakes happen!  Did you forget something? Need to make a change? That’s why Amended Return Insurance is so critical.  For just $9.95 we’ll let you correct your tax return if you notice a mistake after you’ve filed.   The offer is...

Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive. The IRS considers unemployment benefits taxable income. Unemployment compensation generally includes, among other forms, state unemployment compensation...