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Recognizing that eldercare can represent a substantial financial burden for families, the federal government allows taxpayers who provide support to a parent or other adult relative to deduct some of these expenses and claim certain tax credits.

Not knowing the factors that can trigger an IRS audit often contributes to high levels of anxiety.

The 1998 IRS Reform Act shifted the burden of proof from the taxpayer to the Internal Revenue Service (IRS) in certain situations. However, the rules will not apply if you cannot come up with the proper documentation.

Did you know that searching for a new job can be tax deductible? The costs of your job hunt may lessen your tax burden if you are looking for a new position in your present occupation.

At the same time that older students are choosing to acquire more education, the Internal Revenue Service has made it more difficult to get an educational deduction.

Students who receive scholarships or grants need to be aware that some funding they are awarded may be taxable.

You don't have to be the "Old Woman Who Lived in a Shoe" to be eligible for child care credit.

The Supreme Court has upheld the Internal Revenue Service (IRS) interpretation of the principal-place-of-business test in a decision that may have far-reaching tax implications.

According to the IRS, the “Taxpayer Bill of Rights” document will provide the nation’s taxpayers with a better understanding of their rights that are already embedded in the tax code,

Those employed in industries in which tipping is common may not know that the IRS views tips as potentially taxable income.