If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a ...

Washington: With no income tax to rely on, the state of Washington charges a higher sales tax to bring in revenue. At 6.5%, ...

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 ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Income tax is charged on most types of income but tax allowances protect some from the taxman. If ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...