Tax Planning

A National Sales Tax Could Be Coming

A VAT is levied at each step of production, but you foot the bill.

What You Need to Know About 401(k) Loans

There are drawbacks to borrowing money from your retirement account.

Big Tax Changes Loom
For Individuals, Businesses

It’ll take a year or three of intensive debate, but a major tax overhaul is a good bet.

States Hiking Consumer Taxes

Feel like you've been paying more at the cash register or gas pump? In several states, you can blame it on tax increases.

Our Forecast for Bush Tax Cuts in 2011: A Hit on the Wealthy

Tax rates for low- and middle-income earners will likely stay the same. But the rich won't be so lucky.

FAQs on the Child-Care Tax Credit

Know which expenses you can write off and how to qualify for this break.

State Taxes Vary for Roth Conversions

Don't forget about the state tax bill when contemplating a Roth conversion.

Second-Chance Tax Savings

If you missed any of these breaks on your 2009 return, you can claim them now.

Tax Rules for Roth Withdrawals

There is a waiting period before you can take out earnings tax-free.

Did 'The Boss' Trump The Ben?

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.

New Tax on Windfall Home-Sale Profits

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.

Get a Tax Credit for Summer Camp

You can claim the cost of day camp if you meet certain requirements.

Charitable Gift Strategies for the Oil Spill

Here's how your generosity can pay off at tax time.

Taxes After Graduating from College

Tax tips for new grads; can you claim your own exemption?

Tax Planning for Your First Job

Learn how to reduce taxable income and perfect your withholding allowance before it's time to file your first 1040 tax return.

Birth of a Child and Adoption Tax Guide

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.

How to Adjust Your Tax Withholding

Our one-two-three tax withholding calculator can help you get an immediate pay raise.

Health Reform, Phase 1:
What You Will See When

Most changes are years away, but young adults, retirees and people with medical issues will benefit from the new law this year.

Your Tax Bill for the Health Bill

High earners will pay more on wages and investments.

Health Taxes and Stocks

A Medicare tax on investment income and a proposed hike in the capital gains rate won't snuff out the rally in stocks.

The Lure of Little Turnover

Holding down trading keeps a lid on costs and can reduce the tax bite, too.

Padding Your 401(k)

Try these money-saving moves to help boost you contributions.

Know the Rules

There are all sorts of regulations controlling how money goes in and comes out of a 401(k). Knowing them is crucial.

Is a U.S. VAT in the Cards?

It’s more than a long shot. But lawmakers will tackle some other thorny tax issues before the year is out.

For Some, Tax Season Lasts
the Entire Year

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.

Tax Rules for Roth Conversions

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.

Ways to Cut Your 2010 Tax Bill

Rack up tax savings before you file you return by making the right moves throughout the year.

Put a Refund to Work

Kimberly Lankford suggests ways to make good use of a tax refund.

71 Ways to Cut Your 2010 Tax Bill

Filing your tax return is a once-a-year event but trimming your tax bill requires year-round attention.

Tax Savings for Affluent Families

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.

Tax Savings for Young People

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.

Tax Savings for Single People

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.

Tax Savings for Young Families

Take advantage of your flex account, save for college in a 529 plan and hire your children to lower your tax bill.

Tax Savings for Older Families

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.

Tax Savings for Empty-Nesters

Roll over an inherited 401(k), help your children earn a credit for retirement savings -- and rack up tax savings in the process.

Tax Savings for Affluent Older Families

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.

The IRS Wants to Know If You Pick a Derby Winner

Or if you have gambling winnings of any kind.

Yes, You Can Roll Over a 401(k) into a Roth IRA

You can do so without converting to a traditional IRA first.

Last-Minute Tax-Filing Tips

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.

Tax-Saving Secrets

New deductions and credits can slash your 2009 tax bill.

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