Every year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.

Filing your taxes is stressful, but it is more stressful when you're not prepared. Tax planning can take the stress out of filing your taxes and save you thousands.

The Internal Revenue Service (IRS) has begun giving out tax refunds, with 22 million already receiving their money, with the average recipient receiving $3,536. Here are some ways to help expedite the process of receiving a tax refund.

Tax season can bee a dizzying experience just trying to keep all the tax forms straight. Luckily, tax forms aren't as confusing as you'd think, once you get the basics down. Here are what your basic tax forms mean.

With the current tax season underway, now is the time to receive a refund from the Internal Revenue Service (IRS) for tax returns made regarding the prior year's income. Last year, the average tax refund amounted to $2,800 for individuals and families.

Filing your taxes can be a stressful time, even more, if the budget is tight! Here are ten resources to research for tax season!

Estate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.

No one plans to work forever; typically, most people wish to spend the latter years of their lives doing things they enjoy. To have fun in the later years or to live comfortably after you retire, a retirement plan must be in place to benefit from.

When you look at your paycheck, and you see various deductions regarding social security and state taxes, among other taxes, you may start to wonder where all your money is going. Financial literacy includes understanding paycheck deductions and becoming attuned to your money.

If you owe something, then you haven't been paying enough, and the Internal Revenue Service (IRS) could add penalties and interest to what is already owed.