Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your effective tax rate each year to help you make adjustments to your ...

Estimate your 2025 federal refund or bill using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or the sum of ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

The Internal Revenue Service last month released its annual inflation adjustments for tax year 2026, raising federal income ...

Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already thinking about our 2026 federal tax returns. It’s never too early to begin ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...

When employers pay their employees, they must remit payment for federal, state and, in some cases, local programs. Employees also pay a portion of the tax bill, but self-employed individuals must ...