Many people think that publications by the Internal Revenue Service (IRS) are the definitive source of information about how to file your income taxes, but this actually isn’t the case. The tax code, also called the Internal Revenue Code (IRC), is where the actual rules are published. Unfortunately, in addition to being thousands of pages […]

Among the many things in life that change for newlyweds: your tax return. You are no longer single (or the head of household). You are now, by the power vested in you by the IRS, married filing jointly—or maybe married filing separately. How you file once hitched could determine whether your tax bill or refund

Income is taxed at the federal, state, and local levels and earned income is subject to additional levies to fund Social Security and Medicare. Taxes are difficult to avoid but there are several strategies you can use to help ward them off. Here are six ways to protect your income from taxes. Key Takeaways Contributing to

People who are self-employed are required to send in quarterly estimated tax payments since tax is not withheld from their wages as it is for employees. But if your income varies from month to month or year to year, it’s tough to determine the amount to pay. You don’t want to send in so much