Income-tax
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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 the IRS Taxes Retirement Income
Retirement Taxes It's important to know how common sources of retirement income are taxed.
By Kelley R. Taylor Last updated
Retirement Taxes -
Mega Millions After Taxes: How Much Will the Winner Get?
Lottery Taxes A Mega Millions jackpot winner will take home much less than the advertised jackpot amount, thanks to taxes.
By Katelyn Washington Last updated
Lottery Taxes -
Hobby Income: What It Is and How It’s Taxed
Income Tax Hobby income isn’t taxed like a business. Here's how to tell what type of income you have.
By Katelyn Washington Last updated
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 -
High Earners: Beware of These Illegal Schemes to Lower Taxes
Tax Schemes The IRS says high-income filers are targets for several illegal tax schemes.
By Katelyn Washington Last updated
Tax Schemes -
How to Pay the IRS if You Owe Taxes
Tax Payments There are several ways to pay the IRS if you owe taxes, but just because you can pay taxes over time doesn’t always mean you should.
By Katelyn Washington Last updated
Tax Payments -
15 States That Don't Tax Pension Income
Retirement Taxes There are some states that don't tax pension income regardless of your age or how much money you have.
By Katelyn Washington Last updated
Retirement Taxes -
13 States That Don't Tax Retirement Income
Retirement Taxes Here are the states that don’t tax retirement income. But that doesn’t mean you won’t pay state taxes on other types of earnings.
By Katelyn Washington Last updated
Retirement Taxes