Collecting revenue is perhaps the most critical function of the Internal Revenue Service, which brought in more than $4.9 trillion in gross taxes during the 2022 fiscal year. From 2021 to 2022, seven ...

Every year brings changes in the patterns of which tax returns need to be filed, but those changes were exaggerated in the first years of the pandemic. From 2020 to 2021, seven different tax return ...

Progressive, regressive, and flat taxes are all different tax systems governments can deploy. Learn what each of these types of taxation means for you. A progressive tax is when the tax rate you pay ...

On the other hand, some types of retirement income are not taxable. Focusing on these could mean sending less of your ...

People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...

Not all businesses are created equal—nor are they taxed alike. Our helpful breakdown covers various business tax entities and how they’re taxed It’s crucial to understand your business entity’s unique ...