Tax Planning

Chris Browning, the host of the podcast ‘Popcorn Finance’, joins Current to help you get organized before you start filing your taxes.

High-net-worth investors have several options when it comes to tax-saving moves. Here’s a look at a few of them.

The Federal Trade Commission claims Intuit uses “bait and switch” advertising that markets TurboTax as free but charges most users when they file their taxes.

President Joe Biden has proposed a hike on the top marginal income tax bracket for single filers earning more than $400,000 and married couples above $450,000.

The deadline for 2021 traditional individual retirement account contributions is April 18. But there are special rules to qualify for a deduction. What to know.

Is your 2020 tax return still pending? There’s a special step to follow when electronically filing your 2021 return, the IRS says.

If you have overseas financial accounts, you may need to disclose balances to the U.S. Department of the Treasury by April 15 or incur a steep tax penalty.

The IRS has issued a warning about how to answer the cryptocurrency question on the front page of your tax return. Here’s how to respond correctly.

There are four weeks until the federal tax deadline, which is April 18 for most Americans. Here’s what to know if you haven’t filed.

Erin Collins, the national taxpayer advocate, fights for systemic changes within the IRS. Here’s what to know about the Taxpayer Advocate Service.

The IRS has issued more than 45 million refunds worth almost $152 billion, as of March 11. Here’s the average payment.

IRS Commissioner Charles Rettig told House lawmakers he expects the backlog of tens of millions of unprocessed tax returns to clear by the end of 2022.

So far, the average tax refund is $3,401, nearly 14% higher than last year, according to the IRS.

Market interest rates and bond prices typically move in opposite directions. Here’s how the Federal Reserve’s rate hike may affect your portfolio.

The investment manager triggered an exodus of money from target date funds that hurt some investors in taxable accounts, according to a lawsuit filed Monday.

More than a dozen states added or expanded earned income tax credits in 2021. Here’s what to know about this write-off for low to moderate earners.

Exchange-traded funds backed by precious metals are considered collectibles for tax purposes. That may mean a higher tax bill on capital gains.

The IRS plans to hire 10,000 workers to help tackle a massive backlog of over 20 million unprocessed returns.

If you’re eyeing a Roth IRA conversion, there may be ways to lessen the tax bite, financial experts say. Here’s what investors need to know.

At companies that offer a 2.5-month grace period to spend the previous year’s unused funds, the deadline is March 15.