Recent changes to the income tax laws have rewritten the rules for claiming and calculating deductions. The basic process is still the same, though: Calculate your total income and then make some ...

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Adjusted gross income is an important number used to determine how much you owe in taxes. It’s a factor in determining your federal tax bracket and taxable income — the portion of your income subject ...

Calculating federal tax deductions and withholdings can be complicated without the help of a tax deduction calculator or payroll software. However, once you understand the required forms and methods ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Adjusted gross ...