You don't need to keep your tax returns forever, but it's wise to keep them handy for several years. Business Insider writes about it. In general, the IRS recommends keeping copies of returns for at least three years, they ...

Nobody likes to pay taxes. But given the choice between paying taxes and losing money through fraud, most people would prefer the former. Unfortunately, this does not stop thousands of Americans from giving millions of dollars to tax scams, writes GOBankingRates. Here are the most common ways ...

The Internal Revenue Service (IRS) announced that tax filing season will begin on January 28, and that the agency will pay refunds to taxpayers, despite the shutdown lasting in the country from December 22. The agency said it will call back to work “significant ...

On April 18, the deadline for filing US tax returns expired. Last year, the Internal Revenue Service (IRS) raised an additional $ 25 billion through post-filing audits. Half of this amount was collected from individuals. The reasons for conducting an audit can be different. First ...

The tax filing deadline (April 15) is getting closer, so it's time to check all your credits and deductions. If you are still young and not as experienced in filing returns, there are some important things to keep in mind to help avoid additional tax ...

CNN has published details of the tax reporting of Republican and Democratic nominees for the US presidential election. This is the data for the 2014 financial year. The exception is Donald Trump, from whom official information has not yet been received. Bernie Sanders, ...

The IRS began accepting returns from citizens on January 19. Those who have not even prepared the documents yet have almost three months to file a declaration. Tax legislation changes almost every year, the more important it is to regularly monitor innovations in order to reduce taxes and ...