Marginal vs. effective tax rates are two ways to express the percentage of your income that goes to tax. But they're each used for very different purposes.

Not all states tax income the same. See how state income tax rates compare, how flat and progressive systems work and what ...

The annual inflation rate for 2025 was 2.7%, according to the U.S. Inflation Calculator. This isn’t much changed from the year before — down just 0.2%. But even a slight fluctuation can have some ...

ChatGPT predicted winners, losers and major economic shifts if federal income taxes were to go flat-rate. Here's how a flat tax could impact your wallet.

Compared to income tax, national insurance contributions attract little sustained scrutiny even though they provide large ...

Tax season is about to begin in Canada. The earliest Canadians will be able to file their taxes is this month on Monday, Feb.

Wondering how much tax relief you can claim? Learn how IRS credits, deductions, payment plans and settlements affect the ...

How many times have you prepared your income tax returns for the previous year, only wishing you knew then what you know now, so you could go back ...

Zohran Mamdani's millionaire tax proposal could precipitate an economic and political crisis in New York City.

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

Two million UK taxpayers are at risk of falling into a 60% tax trap this year unless they take action to avoid it. HMRC figures obtained by wealth manager Rathbones show the tax burden poised to ...

Super Bowl bettors face taxable winnings, limited loss deductions and varying state rules that can leave many paying more than they expect on their 2026 returns.