One of the more common tax questions is whether you need to file a federal tax return this year. The answer is: it depends.

Organizing your tax return folder is a difficult task, especially when you have a lot of paperwork and documents from various ...

While it’s true that you want to keep essential records, don’t be afraid to toss out what you don't need. Here's your quick guide to what to keep and what to throw out after Tax Day. Some taxpayers ...

What does your tax refund say about you? Learn how to read the signals behind your refund, from large payouts to owing taxes.

It happens more often than you might think. Life gets busy, finances get complicated and suddenly, a year (or more) goes by without filing your tax return. Whatever the reason, though having unfiled ...

Once the tax deadline has passed, you may eagerly await your refund. Many people receive their refunds within three weeks of filing, but some returns can take much longer to process. If you' ...

At a 12% marginal tax rate, for example, the $6,000 enhanced senior deduction for a single taxpayer who is 65 or older would result in $720 in tax savings. The new enhanced deduction for seniors on ...