Federal Taxes

Virtually all U.S. residents are required to file taxes with the Internal Revenue Service (IRS) each year, but the process can be quite intimidating for many. A taxpayer either owes additional taxes for the prior year or is eligible for a refund, or "tax return," depending on the amount of money withheld from one's paycheck and several other variables. FindLaw's "Federal Taxes" section covers a wide variety of topics pertaining to the filing and payment of federal taxes. Included is a step-by-step guide to filing taxes, information about exemptions, how to determine your tax filing status, popular tax credits, the so-called marriage tax penalty, and more.