A VAT is levied at each step of production, but you foot the bill.
There are drawbacks to borrowing money from your retirement account.
It’ll take a year or three of intensive debate, but a major tax overhaul is a good bet.
Feel like you've been paying more at the cash register or gas pump? In several states, you can blame it on tax increases.
Tax rates for low- and middle-income earners will likely stay the same. But the rich won't be so lucky.
Know which expenses you can write off and how to qualify for this break.
Don't forget about the state tax bill when contemplating a Roth conversion.
If you missed any of these breaks on your 2009 return, you can claim them now.
There is a waiting period before you can take out earnings tax-free.
George Steinbrenner’s death may seem untimely to family and friends (and Yankee fans), but it may be extremely timely when it comes to the federal estate tax.
A surtax created by the health-reform law will apply only to high-income individuals who sell their homes after 2012 for a large profit.
You can claim the cost of day camp if you meet certain requirements.
Here's how your generosity can pay off at tax time.
Tax tips for new grads; can you claim your own exemption?
Learn how to reduce taxable income and perfect your withholding allowance before it's time to file your first 1040 tax return.
Tax credit for children, tax relief on daycare costs, the IRS offers some way to alleviate a tax burden on parents trying to raise a family.
Our one-two-three tax withholding calculator can help you get an immediate pay raise.
Most changes are years away, but young adults, retirees and people with medical issues will benefit from the new law this year.
High earners will pay more on wages and investments.
A Medicare tax on investment income and a proposed hike in the capital gains rate won't snuff out the rally in stocks.
Holding down trading keeps a lid on costs and can reduce the tax bite, too.
Try these money-saving moves to help boost you contributions.
There are all sorts of regulations controlling how money goes in and comes out of a 401(k). Knowing them is crucial.
It’s more than a long shot. But lawmakers will tackle some other thorny tax issues before the year is out.
If you have retired and no longer have a paycheck for Uncle Sam to dip into to collect his share, you might be on the hook for estimated tax.
If one spouse spreads the tax bill on a Roth conversion over three years, the other spouse isn't required to also do so. Plus, donating an IRA to charity.
Rack up tax savings before you file you return by making the right moves throughout the year.
Kimberly Lankford suggests ways to make good use of a tax refund.
Filing your tax return is a once-a-year event but trimming your tax bill requires year-round attention.
Stash cash in a self-employed retirement account, be creative with your generosity and think twice about selling stock for a profit if you're subject to the AMT.
By keeping track of moving expenses, using a Roth to save for your first home and timing your wedding, you can save come tax time.
Reduce the amount you owe to Uncle Sam by adjusting your withholding, switching to a Roth 401(k) and making IRA contributions sooner rather than later.
Take advantage of your flex account, save for college in a 529 plan and hire your children to lower your tax bill.
Time claiming Social Security benefits, keep careful records of medically necessary improvements to your home or car, and tote up out-of-pocket costs of doing good.
Roll over an inherited 401(k), help your children earn a credit for retirement savings -- and rack up tax savings in the process.
For tax savings, convert a vacation home to your principal residence, give an IRA to charity and double your family's estate-tax break with a by-pass trust.
Or if you have gambling winnings of any kind.
You can do so without converting to a traditional IRA first.
The deadline matters only if you owe money. But you still have to file to collect a refund -- and some taxpayers are running out of time.
New deductions and credits can slash your 2009 tax bill.