Income-tax
Latest
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How to Calculate Your Adjusted Gross Income — and What It Means
Income Tax Your eligibility for certain money-saving tax breaks depends on your adjusted gross income.
By Ella Vincent Published
Income Tax -
President Biden Wants a Billionaire Minimum Tax
Wealth Taxes The debate over how much tax billionaires and millionaires should pay is heating up again.
By Kelley R. Taylor Last updated
Wealth Taxes -
IRS Issues Another Tax Warning for Wealthy, High Earners
Tax Enforcement Wealthy non-filers could pay more tax than they owe if the IRS files for them.
By Katelyn Washington Last updated
Tax Enforcement -
The Many Definitions of Modified Adjusted Gross Income (MAGI)
Income Tax The definition of modified adjusted gross income differs depending on what the calculation is used for.
By Joy Taylor Last updated
Income Tax -
IRS Will Tax Your ‘Walz Check’ Minnesota Rebate: What to Know
State Rebates Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota rebate checks.
By Kelley R. Taylor Last updated
State Rebates -
Most Expensive States for Millionaires in 2024
Income Tax Here are the most expensive states for millionaires and high earners to live or do business in this year.
By Katelyn Washington Last updated
Income Tax -
California Just Became More Expensive for High Earners
State Tax A California tax expansion will benefit workers with lower incomes, but high earners will pay the price.
By Katelyn Washington Last updated
State Tax -
New Alabama Overtime Law: What Hourly Workers Should Know
State Tax A new Alabama overtime law provides some employees with higher paychecks due to an income tax exemption. Here’s what you need to know.
By Katelyn Washington Last updated
State Tax -
IRS: How to Get Organized for Tax Season
Tax Season Tax season can be a stressful time, but getting prepared now can help it go more smoothly.
By Katelyn Washington Published
Tax Season