Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Learn how to calculate your taxable income under Nigeria’s new. This guide explains the progressive rates, allowable ...

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

Payroll officers handle this automatically, but understanding how to calculate PAYE tax yourself helps you confirm that your deductions are correct. Understanding how to calculate tax on your salary ...

Tax season is nearly upon us. For some, it may be your first time filing taxes. And even for those who have filed for years, taxes are not always the easiest task to tackle. Here's what you should ...

Ever look at your paycheck and wonder why the amount you actually take home is a lot less than what you earned? That’s where ...

Marginal taxation systems like the U.S. federal income tax system increase the percentage of income owed to taxes as a taxpayer’s income increases. There are seven income brackets. Your marginal tax ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...

Filing taxes can get confusing, especially with all the forms and applications. Whether you file with help from a professional or on your own, calculating the precise total you owe to Internal Revenue ...