The capital gains tax is what you owe for the money you've made selling certain assets. Here's what you need to know about the current rate and what can be exempt.
A W-9 form is Uncle Sam's way of keeping financial tabs on independent contractors, and other non-traditional tax filers.
Fiscal policy is how the government influences the economy by using taxes or spending to control economic growth. But what are the affects of fiscal policy?
Tax exemptions are Uncle Sam's gift to taxpayers - especially if you qualify for more than one of them.
Seven sates don't have state income tax, including Wyoming and Alaska. But what is it really like to be exempt from income tax?
So your kid got a job at the local ice cream shop this summer. That's great! Free ice cream for you -- and more taxes paid to Uncle Sam. Give me 60 seconds and I'll tell you how (why) he gets his share.