Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year.

Net pay is the amount of money employees earn after payroll deductions are taken away from gross pay. These includes taxes, benefits, wage garnishments and other deductions. In simple terms, net pay ...

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

Cutting income taxes is one of the big goals for Ohio House Republicans this year, but the way they've written their bill to do so could end up raising the overall tax burden of most Ohioans. House ...

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible. All ...

Knowing how to lower your tax bill (pay less taxes) requires some strategizing. Here are a few tax tips to help make it happen. Several factors contribute to your overall tax liability, including (but ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...