Personal Finance Buzz

The federal government can only operate with the help of the millions of individuals who earn income in this country and dutifully pay taxes.

It’s a scary thing when you can’t pay your taxes. It’s one thing to miss a credit card payment, but failing to pay the federal government taxes that you owe has potentially significant consequences, including interest and penalties. Fortunately, there

Now that we are in a new year, you are probably starting to think about taxes. Now is a great time to look at your financial situation and determine if you need to fill out a new W-4.

Free file is a great way to get help on your taxes for free. You can check with the IRS free file site to get started, and get a list of participating partners who are willing to help you file their taxes.

Tax day has come and gone for another year. If the date passed you by and you still have not filed your taxes, the sooner you take action to do so, the better off you will be. If you owe the government money, you have been racking up penalties and interest since 12:01am on April 16th.

Try to avoid paying too much in taxes. Whether it's missing a deduction or giving the government an interest-free loan, you might be paying too much. It's all about the tax-efficiency.

For some, federal taxes are the bane of their existence. With ever-changing rules and the economy still struggling to get back up to par, taxpayers are undoubtedly outraged when they feel someone else isn’t holding up their end of the deal.