Do you or your clients need to report contributions to IRAs for 2025? The IRS has updated Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs) for Use in Preparing Returns.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Income tax is a government-levied tax on income generated by individuals and businesses. Taxes are used to fund public services, government obligations, and infrastructure like schools and roads.

Filing taxes can be daunting, even overwhelming. Whether you file with help from a professional or on your own, calculating precisely what you owe to the Internal Revenue Service, or what the IRS owes ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Your marginal tax rate is the highest tax rate you’ll pay on your income, based on your federal income tax bracket. Learn more about this tax rate. When thinking about federal income taxes, many ...

Lackawanna County property owners anxious about the impact of the county’s reassessment on their 2026 tax bills can begin calculating what that impact might be, at least in terms of their county taxes ...

This piece breaks down the current tax payment procedure in clear, practical language to help Nigerians fulfil their obligations without stress. As Nigeria intensifies efforts to expand its revenue ...

Payroll officers handle this automatically, but understanding how to calculate PAYE tax yourself helps you confirm that your deductions are correct. Understanding how to calculate tax on your salary ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR AND ...

There is a new calculator that shows how President Donald Trump’s “big, beautiful” law will affect your 2026 tax bill, and how much additional take-home pay you’ll be getting. The calculator, from the ...