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. Your effective tax rate is different from your tax bracket. It’s the ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

Use the sales tax calculator to figure out how much sales tax you’ll potentially owe on a purchase. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

How much is the car sales tax in New York? When buying a car in New York, you will pay a 4% sales tax rate for your new vehicle, according to Sales Tax States. This statewide tax does not include any ...

Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage of the ...

Nonresidents (i.e., those whose stay in the country does not exceed 180 days) are liable to tax on their Philippine-sourced income. Married couples are required to compute their individual income tax ...

The Government of Ghana (the ‘’Government’’), acting through the Minister for Finance, presented the Mid-Year Fiscal Policy ...

Annual Registered retirement savings plan contributions not only help Canadians save for retirement, but they are also tax deductible. Contributions can be deducted from taxable income when filing ...