The federal government and most state governments impose taxes on the income you earn during the year — just because you earned it. These taxes hit not only your wages, salaries and bonuses but also ...
Every April we muddle through our taxes, on our own or with the help of a tax accountant. Unless we happen to be tax policy wonks we don't dwell too much on the theory and practice of taxation. While ...
A recent survey from Bitcoin Postage found that a quarter of Americans have unexpectedly owed $3,000 or more in taxes because they didn’t realize they had to pay taxes on a specific income stream.
Self-employed people and business owners are responsible for paying self-employment tax, also known as SECA taxes. These federal taxes are assessed as a percentage (15.3%) of your income. The Social ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. In today's interconnected world, digital businesses have ...
If you provide financial help to family, friends, or others — whether paying tuition, covering medical bills, or sending ...
Find out when and in what circumstances a small business might receive a tax refund. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...
Dividends that you earn on your investments are typically taxable, but the rate at which you’re taxed depends on capital gain rates and on what type of dividend you earn. For instance, some dividends ...
According to the United States Internal Revenue Service (IRS), businesses can incur four basic kinds of federal taxes. They include income tax, self-employment tax, employment tax, and excise tax. In ...