Money in a Minute: Special Tax Edition

What's Hot

23 Upgrades Under $50 to Make Your House Look AwesomeAround The House

Trump Worth $10 Billion Less Than If He’d Simply Invested in Index FundsBusiness

Do This or Your iPhone Bill May SkyrocketSave

11 Places in the World Where You Can Afford to Retire in StyleMore

19 Moves That Will Help You Retire Early and in StyleFamily

What You Need to Know for 2017 Obamacare EnrollmentFamily

8 Things Rich People Buy That Make Them Look DumbAround The House

50 Ways to Make a Fast $50 (or Lots More)Grow

32 of the Highest-Paid American SpeakersMake

The 35 Two-Year Colleges That Produce the Highest EarnersCollege

5 DIY Ways to Make Your Car Smell GreatCars

Amazon Prime No Longer Pledges Free 2-Day Shipping on All ItemsMore

More Caffeine Means Less Dementia for WomenFamily

7 Household Hacks That Save You CashAround The House

5 Reasons a Roth IRA Should Be Part of Your Retirement PlanGrow

30 Awesome Things to Do in RetirementCollege

Beware These 10 Retail Sales Tricks That Get You to Spend MoreMore

9 Tips to Ensure You’ll Have Enough to RetireFamily

As you probably already know, yesterday was Tax Day. Here are the most interesting headlines about income taxes from around the web.

TAX RATE: U.S. taxes among lowest in the world

If you think your taxes are too high, there aren’t many other places you can go. “The burden on U.S. taxpayers is just about the lowest in the developed world,” MSNBC reports. The lowest place for taxes? The United Arab Emirates.

TAX CHEATS: Prosecutions of tax evaders up 25 percent

If you dutifully pay your taxes, here’s some reassuring news: Cheaters are getting caught – especially rich ones. “Criminal tax prosecutions by the federal government hit a 10-year high in 2010, powered in part by a continuing crackdown on offshore tax evasion by wealthy Americans,” USA Today reports.

TAX RETURNS: 45 percent don’t owe U.S. income tax

Then again, here’s some frustrating news: “For tax year 2010, roughly 45 percent of households, or about 69 million, will end up owing nothing in federal income tax,” CNN reports. But many of them are simply too poor to owe.

TAX REVENUES: Thanks for your tax payment – here’s your receipt

So now that you’ve paid your taxes, wondering where the money goes? MSNBC reports on the White House’s new online 2010 Federal Taxpayer Receipt that shows you.

TAX BREAKS: $513 million paid in undeserved homebuyer credits

While the IRS is going after more cheats, it might need to police itself better. “The Internal Revenue Service has paid out more than a half-billion dollars in homebuyer tax credits to people who probably didn’t qualify,” MSNBC reports.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: Sam’s Club Reveals Details of Black Friday, 5 Other Holiday Sales

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,715 more deals!