The federal government and most state governments impose taxes on the income you earn during the year — just because you earned it. These taxes hit not only your wages, salaries and bonuses but also ...

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 ...

Everyone pays federal taxes, but not all income is taxable. Learn which types of income are exempt from federal taxes and how they can help you save money.

As retirement approaches, understanding the nuances of taxable and non-taxable income becomes crucial for financial planning.

Collecting revenue is perhaps the most critical function of the Internal Revenue Service, which brought in more than $4.9 trillion in gross taxes during the 2022 fiscal year. From 2021 to 2022, seven ...

When I am reviewing taxes for an estate client sometimes I hear the comment “you told me the rate is 4.5%. Why is this different?” The rate for inheritance under the Pennsylvania inheritance tax for ...

We're deep into the heart of tax season, which for the majority of procrastinating Americans means it's just about time to begin pulling out your hair. Preparing and filing taxes often means ...

What you pay (and when) depends on the type of investment and a few other factors. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

When you buy, sell or refinance a home, closing costs are a pricey part of the transaction. And while most taxpayers should take the standard deduction over itemizing deductions on their income taxes ...

The Senate overrode one of the governor's line-item budget vetoes this week, meaning voters will no longer see emergency and ...

The Ohio Senate voted to override one of Gov. Mike DeWine's budget vetoes to eliminate replacement and emergency levies.