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

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with ...

Corporations report their total cash payments of income tax — federal, state, and foreign combined — but they don't identify, nor does the IRS reveal, how much federal income tax they pay. We believe, ...

The IRS uses your modified adjusted gross income (MAGI) to determine whether you qualify for important tax benefits like deducting contributions from your individual retirement account (IRA) and ...

Learn 10 U.S. tax laws and rules that consistently shape how small businesses are taxed, based on IRS guidance and federal ...

Reporting taxes, applying for a loan and making a new company budget will require you to know how much money you bring in each year. Annual income is one of the most valuable metrics for quick, ...