President Obama on Wednesday announced a plan that would prohibit individuals from reaping tax advantages on IRAs and other tax-preferred retirement accounts when funds exceed $3 million. More
When combining federal and state income tax rates, the U.S. top rate was far from the highest relative to other OECD countries in 2012. And it kicked in at a much higher level of income than most.
Math errors on tax returns are on the decline, as more taxpayers file electronically.
Even among billionaires, the Facebook founder's massive tax bill is fairly rare.
The IRS releases its "dirty dozen" list of tax scams to watch out for this tax season.
Take the quiz: Uncle Sam isn't the only one collecting tax money. State and local governments also get their slice.
You can't escape the paperwork, but you can find ways to save on your taxes.
Should the Supreme Court overturn the federal law that defines marriage as solely between a man and a woman, some married same-sex couples could save $8,000 or more in income tax.
More people expect to owe Uncle Sam this year, while fewer people expect a tax refund, according to a survey by American Express.
To avoid catching the attention of the IRS, beware of these tax audit red flags.
Americans who made charitable donations in the wake of Superstorm Sandy and the school shooting in Newtown, Conn., may not get the tax deductions they are expecting.
Much of the debate about the economy in this election is about taxes -- how much we pay, who pays it, if the burden is shared fairly. As the rhetoric heats up, these numbers can help you separate truth from spin.
Many people think they know what the rich pay in taxes and have strong opinions about it. But the reality isn't always as black and white as they think.
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