Simple explanations of personal finance, investing, and money.
Understanding taxes in the United States means navigating two overlapping systems: federal rules that apply nationwide and state (and sometimes local) rules that vary widely. For most people, that means more than one set...
Taxes in the United States are a layered tapestry of rules, rates, and responsibilities. Federal and state governments both raise revenue, but they do so in different ways, for different purposes, and under different...
Getting a letter from the IRS can be unsettling, but most notices are routine communications that can be resolved without panic. Whether you received a CP2000 proposing changes to your return, a notice about...
Payroll taxes are one of the most consequential and persistent obligations for both employers and employees. They fund core social safety-net programs, support unemployment insurance, and determine how much of each paycheck actually lands...