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 ...

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 ...

The IRS said it will start processing 2024 federal income tax returns on Monday, January 27. Between now and April 15, millions of taxpayers will pay to file their returns, but they may not have to.

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 ...