Conservatives say the agency is asking for too much documentation, but officials say they are just trying to weed out ineligible groups.
A number of major tax breaks expire at the end of the year. With an election looming, it's hard to know whether any will be extended.
President Obama has proposed raising the tax on capital gains and dividends from its current 15% rate to the same rates as earned income. Would it hurt more than help?
Depending on your employment status, you may be able to deduct up to 100% of your premiums on your federal tax return. Some states also give deductions or credits.
Economists are split over the president's proposal to give manufacturers more tax breaks. Under the current system, different industries have different effective tax rates.
Normally, you can't deduct the cost of staying well from your taxes. But if a doctor prescribes exercise for a specific medical condition, your dues could net you a tax break.
Buying a home complicates your tax return but may provide savings. Mortgage interest, points and PMI are deductible, and you may get tax-free profits when you sell.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
If you worry about money after the streetlights come on, these actions may help you rest easier.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'