Income-tax
Latest
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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 -
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
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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 -
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 -
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 -
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 -
IRS Issues Another Tax Warning for Wealthy, High Earners
Tax Enforcement Wealthy non-filers could pay more tax than they owe if the IRS files for them.
By Katelyn Washington Last updated
Tax Enforcement -
Seven Overlooked Tax Deductions for the Self-Employed
Tax Breaks If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.
By Kevin McCormally Last updated
Tax Breaks