Taxes
Tax credits reduce the amount you owe to the IRS, but not all tax credits work the same way. A…
A nonrefundable tax credit can lower what you owe to the IRS, sometimes substantially but only to a point. Unlike…
When it comes to taxes and financial planning, you need to know the IRS has different rules for different types…
Corporate income taxes vary widely across the U.S. Some states impose flat rates, while others apply graduated brackets based on…
Form 2439 is a tax document that a regulated investment company (RIC) or real estate investment trust (REIT) issues when…
Taxpayers use Form 6252 to report installment sales when at least one payment arrives after the tax year of the…
Understanding the financial health of a business involves a lot of accounting. One of the most popular methods for determining…
Bonuses paid by employers get special tax treatment and could have a significant impact on an employee’s tax situation. In…
Reporting tax-exempt interest on Form 1040 is required even though the interest is not taxed. This type of income often…
The federal corporate income tax rate in the U.S. is a flat 21% as of 2025. This rate applies to…