A wealth tax is a type of tax that’s imposed on the net wealth of an individual. This is different from income tax, which is the type of tax you’re likely most used to paying. The U.S. currently doesn ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

Sales tax liabilities are funds collected from customers to be distributed to state and local tax agencies by businesses. Business owners and companies track sales tax liabilities on a sales tax ...

If you own a home, you have paid an ad valorem tax. If you own a car, same thing. In fact, if you've ever bought anything in the United States, you have paid an ad valorem tax. These taxes are based ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage of the ...

Tax havens offer very low tax rates to foreign and domestic investors. While we often think about the business implications of tax havens, there can also be implications for individuals. Here are ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

There are different types of IRS tax penalty abatement and relief, and they can apply differently depending on the type of penalty you receive. If you don’t file a federal tax return or pay the tax ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A portion of an individual’s U.S. Social Security retirement, ...

While there likely isn't a magic bullet to wipe out your tax bill, there are ways to layer tax-efficiency into your plan. If you're concerned about the possibility of tax rates going up or just ...