Maybe you’re curious about your taxes but you’re not ready to dig into them completely. To give you an idea of how much you’ll owe or how big your refund will be, plug your info into NerdWallet’s ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...

Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year.

Calculating federal tax deductions and withholdings can be complicated without the help of a tax deduction calculator or payroll software. However, once you understand the required forms and methods ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...

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 ...

Even small businesses with just a few employees are required to calculate and collect payroll taxes. In most cases a business will contract payroll processing out to a specialized service if it isn't ...

Marginal taxation systems like the U.S. federal income tax system increase the percentage of income owed to taxes as a taxpayer’s income increases. There are seven income brackets. Your marginal tax ...