IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...

LANSING — House Speaker Matt Hall said Thursday he is open to raising Michigan's corporate income tax to keep intact funding ...

social security taxes, and you might have to pay state and local taxes, depending on where you live. Each state has its own tax brackets and rates, so how much of your hard earned money goes to ...