Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your effective tax rate each year to help you make adjustments to your ...

The difference between your effective tax rate and your marginal tax rate -- and how they are both calculated -- are questions that many people have come tax time. With tax season well underway, it's ...

It’s safe to say that many Americans are a bit fuzzy on how taxes work and how much they actually pay. A 2018 Gallup poll, for instance, found that 45% of respondents said they believe they pay too ...

In this scenario, even though you’re in the 32% bracket, you would actually pay only about 20.8% of your taxable income in taxes ($41,687/$200,000). Taxable income typically includes wages (including ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

Paying taxes on an inheritance can be tricky, and that may be especially true if you’re dealing with an inherited annuity. The tax liability changes based on how the annuity was funded, whether it’s ...

Dori Zinn loves helping people learn and understand money. She's been covering personal finance for a decade and her writing has appeared in Wirecutter, Credit Karma, Huffington Post and more. April ...