income tax
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Mega Millions After Taxes: How Much Will the Winner Get?
Lottery Taxes The Mega Millions jackpot winner will take home much less than the advertised jackpot amount, thanks to taxes.
By Katelyn Washington Last updated
Lottery Taxes -
How Much Richer Could You Be Without a Big Tax Refund?
Tax Refunds A big tax refund isn’t a reason to celebrate if you overpaid throughout the year. Here’s how much money your interest-free loan to the government could have cost you.
By Katelyn Washington Last updated
Tax Refunds -
Types of Income the IRS Doesn't Tax
Income Tax It may feel like the IRS taxes most of your hard-earned money, but some types of income are nontaxable.
By Kelley R. Taylor Last updated
Income Tax -
How to Calculate Your Adjusted Gross Income — and What It Means
Income Tax Your eligibility for certain money-saving tax breaks depends on your adjusted gross income.
By Ella Vincent Published
Income Tax -
Biden Calls for Doubling Capital Gains Tax
The White House President Biden wants to increase taxes to have the wealthy pay a “fairer” share.
By Kelley R. Taylor Last updated
The White House -
President Biden Wants a Billionaire Minimum Tax
Wealth Taxes The debate over how much tax billionaires and millionaires should pay is heating up again.
By Kelley R. Taylor Last updated
Wealth Taxes -
How Are Bonuses Taxed?
Income Tax Tax withholding rules mean a portion of your bonus won’t make it into your bank account.
By Kelley R. Taylor Last updated
Income Tax -
When Are Estimated Tax Payments Due in 2024?
Tax Deadlines You make estimated tax payments to the IRS if you are self-employed or don’t have taxes withheld from your income for other reasons.
By Kelley R. Taylor Last updated
Tax Deadlines -
Powerball Jackpot Winner Will Get a Hefty Tax Bill
Lottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
By Kelley R. Taylor Last updated
Lottery Taxes