When it comes to paying taxes, most people are aware that they need to report and pay taxes on their income. However, not all types of income are taxable, and many people might not be aware of the ...

No one looks forward to paying taxes and earning more means paying more taxes. That being said, there are some types of income that even the IRS can’t touch. Read on to find out more about what’s in ...

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

This is income you earn from your job, along with certain fringe benefits, like company-paid gym memberships, company vehicles, and holiday cash gifts. Employers are required by law to report what ...

Filing taxes can get confusing, especially with all the forms and applications. Whether you file with help from a professional or on your own, calculating the precise total you owe to Internal Revenue ...

There are numerous ways to earn passive income, but unfortunately most of them are taxable. This is particularly true of income-generating investments, of which only a handful allow you to avoid ...

Capital Gains Tax and Income Tax are both methods by which governments generate revenue, but they target different types of income. Income tax is levied on the regular income of an individual or ...

You will probably still have to pay taxes on at least some of your income in retirement. But choosing the right accounts can help you reduce how much you owe. Investing some of your savings in ...