Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

The first step to surviving tax season is to know which IRS federal income tax brackets you fall into. Here's a full ...

It might feel as if the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.

Families who live on low to moderate incomes may qualify for the earned income tax credit, which advocates say can offer ...

Two high-profile Republicans running for higher office in Georgia have a pitch for voters: zero state income taxes. They have ...

The net investment income tax (NIIT) adds a 3.8% tax on capital gains and investment income. NIIT thresholds have remained fixed since 2013, so more taxpayers are feeling its impact. Large capital ...