Could a 10% flat tax — based on traditional notions of tithing — bring more sanity and equity to the U.S. tax code?

It is ironic to consider that God can get by with a 10% tithe, but our government cannot get by with the current tax code. A ...

The first year I filed electronically, I was astonished at the sheer number of pages, schedules, supporting documents and mini worksheets ... rate was based on my gross income without any ...

This is taxable income. The Internal Revenue Service (IRS) assesses income tax on both personal income and the net income generated ... to arrive at adjusted gross income (AGI).

IRA is a great way to maximize retirement savings, particularly for those who are self-employed or run a small business.

One of the most common missteps people make is getting their gross and net income mixed up. These two terms might seem interchangeable, but there's a big difference between the two. If you mix ...

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

When it comes to understanding a company’s financial health, the income statement is one of the most critical tools at your ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

(RTTNews) - Electric vehicle maker Rivian Automotive, Inc. (RIVN) reported Thursday narrower net loss, and a gross profit in its fourth quarter, benefited by improved revenues. Looking ahead ...