Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

CHICAGO -- The ABC 7 I-Team continues to investigate complaints about people waiting for months for their tax refunds. But that wait could eventually mean more money for you. A lot of people don't ...

Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to ...

As Tax Day approaches, millions of Americans are preparing their returns, but missing the April 15 deadline could trigger a cascade of penalties and interest. For taxpayers who owe money, the ...

Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you can make them work for you.

The Internal Revenue Service's (IRS) April 15 deadline for filing federal income taxes is here, but taxpayers who will miss it still have options. The IRS urges individuals to act quickly to limit ...