Sales tax liabilities are funds collected from customers to be distributed to state and local tax agencies by businesses. Business owners and companies track sales tax liabilities on a sales tax ...

If A, from the example in the article, had the same amount and type of taxable income in 2017 under the old kiddie tax rules and her parents had taxable income of $250,000 and they did not owe ...

All but a handful of states impose sales taxes on purchases, and sales taxes are the single biggest source of tax revenue for states. Business owners who sell goods or services to the public should ...

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...

If you own a home, you have paid an ad valorem tax. If you own a car, same thing. In fact, if you've ever bought anything in the United States, you have paid an ad valorem tax. These taxes are based ...

When entrepreneurs are deciding on the type of business structure applicable for their business, one of the most important things to consider is taxes. Tax treatments differ according to the structure ...

But at least you can chip away at those taxes with credits, deductions, and exemptions—which isn't the case for anyone subject to the pink tax. That's largely because the so-called pink tax isn't ...

You likely pay a version of each on income or goods Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and ...

A pre-tax deduction can be an invaluable financial tool for both employer and employee – here’s how it works Pre-tax deductions play a major role in the way employers handle employee paycheck tax ...