The most commonly defended argument from scholars for why one should pay taxes is a duty of fair play. Fair play is the notion of reciprocity, the idea that you should not take advantage of others. As ...

Tax season can be complicated, and for many people, the biggest concern on April 15 each year is not just how much they owe, but how long they have to pay. After all, millions of Americans find ...

A personal loan can help you pay outstanding taxes quickly, but be sure to consider an IRS repayment plan and other ...

If you don't pay your taxes, interest and penalties begin to accrue immediately after Tax Day and continue until the balance is paid in full. If you go long enough without paying, the IRS can ...

You’re also responsible for self-employment taxes, which pay for both the employee and employer’s share of Social Security and Medicare taxes, on top of federal income taxes and any applicable ...

Tax credits and deductions, filing status and residency status can influence what you pay. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Taxes are indispensable for the functioning of a state as it provides essential services and acts as a source of provision of necessary public goods. State power also manifests itself through ...

Leaving your funds in your former employer’s 401(k) means you won’t pay taxes or fees, but you can no longer make contributions to the plan. If you roll over your funds into an IRA or a 401(k ...

Shop Pay, an accelerated checkout function for Shopify ... Prior to becoming an editor, she covered small business and taxes at NerdWallet. She has been a financial writer and editor for over ...

During Easter, children hunt for colored eggs, perhaps to earn a prize. When it’s tax season, the prizes adults hunt for are expenses that can be deducted from their earnings to lower their tax ...

Different types of annuities are subject to different tax treatments. Generally, you pay taxes on annuities only once you start receiving payments or withdrawing funds. For example, earnings from ...

Online tax software can help you file your tax return faster. Here's how to pick the right filing service. Danni Santana has spent seven years as an editor and business journalist covering ...