You would use the IRS tax computation worksheet if you make $100,000 or more. Anyone making less uses the IRS tax tables. Liability or Refund? Now assume that your W-4 resulted in your employer ...

The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

A Surprising Outcome In the latest financial update, a peculiar tax scenario has emerged under the new tax regime.

You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

Total Taxable Income is the earnings before tax deductions and credits. The ETR calculation for corporations involves dividing the total tax expense by the company’s earnings before tax.