Author: Janna Herron, USA TODAY

How long you should keep tax returns and supporting documents depends on your tax situation and when the audit period of limitations runs out.

The $1.5B Mega Millions jackpot winner chose to get paid in a lump sum. Here’s a breakdown of why that makes sense.

Not all Americans need to file a federal tax return. Those who don’t earn enough in income aren’t required to file by law.

The average tax refund issued so far increased to $3,143, up 1.3percent from$3,103 at the same time last year, according to IRS figures.

There are three ways that you can lower your taxable federal income and one potential way for your state taxes.

Most taxpayers will have a simple return they can file on their own. But others with more complicated tax situations may want to turn to a CPA.

In general, the IRS expects most tax refunds to be issued in less than 21 days. Here’s how to find out the status of your tax refund.

For some, this tax season so far has come with a costly surprise – a tiny tax refund or a big tax bill. The shock is hitting their finances.

U.S. financial markets will be closed Monday in observance ofWashington’s Birthday

You really can save hundreds of dollars by switching your car insurance. How much you can save depends on where you live, according to a new study.