Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

Social Security benefits are an important source of retirement income, and no one wants to lose this money to taxes. Unfortunately, some retirees do find themselves owing some of their retirement ...

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

No matter who you are or how much experience you have, tax season can feel daunting. There’s a lot to remember and a lot of ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

Nobody likes learning about unexpected tax liabilities at the last minute, but paying with cash isn’t your only option.

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The deadline to file federal tax returns and Illinois state returns is Tuesday, April 15, unless a taxpayer takes an extension. Here’s what else to know about filing your return ...

Yes, individuals who file both online and in-person can use the IRS' website to track the status of their tax refund. Refund ...

A public document filed by the Missouri Sports Hall of Fame shows the nonprofit paid its former CEO more than $1.26 million ...

Startup shut down; healthy, wealthy and crooked; won't ever stand the strain; and other highlights of recent tax cases.