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...
Understanding how income is classified for tax purposes is one of the most practical things you can learn to take control of your tax bill. Different types of income are taxed differently, report on...
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...
Taxes in the United States are layered, complex, and ever-changing. For most people the interplay between federal and state taxes affects paychecks, retirement planning, business decisions, and where to live. This article breaks down...
Few financial moments feel as personal (and sometimes puzzling) as opening a paystub and seeing the deductions that turn gross pay into take-home pay. Between federal income tax, Social Security and Medicare, state and...