You can get a special tax break to deduct your medical expenses. And they can be a lot more than you realize.
For all married couples, there is an annual choice to make when selecting your filing status: married filing jointly (MFJ) or married filing separately (MFS)? As with most tax-related questions, the answer is that it depends.
Alex Benke, CFP, Betterment's Director of Advice Products, recommends that you time your filing to the IRS based on whether or not you will be getting a refund. "File immediately if you will be receiving a refund," Benke says. "Delay filing until close to April 15 if you owe the IRS money."
Over the last year, a rabbi, a state NAACP official, a small town mayor and other community leaders wrote op-eds and letters to Congress with remarkab...
With Tax Day fast approaching, millions of Americans are scrambling to track down receipts, bank statements and other documents. But the more you rush, the more you're likely to make mistakes that can cost you in the form of penalties, a delayed refund and even a higher risk of an audit.
I'm going to file my taxes in January this year. Shit, I missed Tax Day. Wait, when is Tax Day? The IRS tax filing deadline is April 15. You've bee...
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