What Is Capital Gains Tax and When Are You Exempt?

What Is Capital Gains Tax and When Are You Exempt?

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.

W-9 Form: What Is It, How to Fill Out and Who Needs One

W-9 Form: What Is It, How to Fill Out and Who Needs One

A W-9 form is Uncle Sam's way of keeping financial tabs on independent contractors, and other non-traditional tax filers.

What Is Fiscal Policy? Examples and What You Need to Know

What Is Fiscal Policy? Examples and What You Need to Know

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?

401(k) vs. 403(b): How to Pick a Retirement Plan

401(k) vs. 403(b): How to Pick a Retirement Plan

401(k) plans and 403(b) plans have much in common - and several key distinctions. It pays to know about both retirement plans.

60 Seconds: Here's How to Deduct Summer Camp

60 Seconds: Here's How to Deduct Summer Camp

Spending gobs of money to send your kid to summer camp? Uncle Sam actually feels your pain. Give us 60 seconds and we'll tell you how!

What Is Taxable Income (With Examples)?

What Is Taxable Income (With Examples)?

Taxable income is your federal tax liability. Fortunately, there are good ways to lower that number.

What Are Tax Exemptions and What Applies to You in 2018?

What Are Tax Exemptions and What Applies to You in 2018?

Tax exemptions are Uncle Sam's gift to taxpayers - especially if you qualify for more than one of them.

7 States Without Income Tax and What You Need to Know

7 States Without Income Tax and What You Need to Know

Seven sates don't have state income tax, including Wyoming and Alaska. But what is it really like to be exempt from income tax?

60 Seconds: Uncle Sam Wants a Piece of your Kid's Summer Job

60 Seconds: Uncle Sam Wants a Piece of your Kid's Summer Job

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.

What Is a Roth IRA and What Are the Benefits?

What Is a Roth IRA and What Are the Benefits?

A Roth IRA can add to your retirement income in a tax-advantaged way.