What Is a Tax Schedule? A tax schedule is a rate sheet used by individual or corporate taxpayers to determine how much tax they will owe for the tax year. These schedules are often used to calculate ...

When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will ...

Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...

The IRS Form 1040 is the primary document used by taxpayers in the United States to file their annual income tax returns. It serves as a comprehensive summary of your financial year, detailing all ...

If your small business is a sole proprietorship, partnership, limited liability company or S-corporation, you and any co-owners pay the business's taxes through the income you report to the Internal ...

The marginal income tax rate for a corporation refers to the rate at which the company's last dollar of taxable income is taxed. Knowing the marginal tax rate helps the company better anticipate the ...

Seattle man with violent history arrested for brutal downtown attack on elderly woman A 42-year-old man was arrested Friday afternoon for a brutal attack on an elderly woman in Downtown Seattle, ...

The federal individual income tax has always featured a progressive rate schedule, with higher brackets for higher-income taxpayers. Although brackets work in a straightforward manner, a recent survey ...

The House version of the budget reconciliation bill includes a provision to raise the corporate income tax rate from 21 percent to 26.5 percent and reintroduce a progressive rate schedule. Under the ...

With all of the focus on new tax rates after Congress green-lighted tax reform (you can see those new rates here), it's easy to forget that some of the biggest changes don't have anything to do with ...