Taxes

If you’ve ever made a purchase or worked a day in the United States, you’re well aware of the many different types of taxes consumers pay, including sales, federal income and state income tax. Taxes are fees that state and federal governments levy on citizens to finance government projects, services and entities.

Each April, you are required to file your tax return for the previous year. It’s important to stay abreast of tax deductions and credits so you don’t miss out on opportunities for valuable tax refunds from the IRS and your state.

Even if you’ve filed your own annual taxes, the subject can be confusing and leave you with questions. GOBankingRates is your go-to source for all your tax question answers, including how to file a tax extension and post office hours on Tax Day.

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Taxes

How to Know If You Can Really Write Off That Donation

Here's how donating to charity can help both the organization and your taxes.

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7 Smart Tax Moves to Make Before the End of the Year

Learn how to cut your tax bill with a few shrewd year-end moves.

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Know Before You File: Tax Breaks for 2016

Learn more about the laws that will affect your federal tax return.

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How to Calculate Quarterly Tax Payments

Learn how to make estimated tax payments if you're self-employed, a business owner or a freelancer.

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Why the Bonus Tax Rate Is Bad News for Your Tax Refund

The method that your company uses to tax your bonus could save or lose you money. Here's why.

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Tax Deductions 2017: 50 Tax Write-Offs You Don’t Know About

Don't miss out on savings with these 50 tax write-offs.

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4 Easiest Ways to Get an EIN

Learn the quickest options for getting your employer identification number, also known as a federal tax ID number.

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