Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with inflation. The IRS increased the threshold for each tax tier b ...

Hundreds of thousands of federal employees must decide by February 6, 2025, whether to accept the " Fork in the Road" ...

It doesn't take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on their top-taxed dollars. Learn More: American Opportunity Tax Credit: What ...

Even if your salary didn't change, you might have dropped into a lower tax bracket in 2025, reducing your tax rate. So you ...

Your payday could get a bump this year now that the Internal Revenue Service's updated income tax brackets and higher ... If you're self-employed or have specific deductions you'd like to ...

Are you employed by the federal government and have a story to share? Reach out to these reporters at asheffey@businessinsider.com and mhoff@businessinsider.com. Read next ...

It reflects Trump's goals to reduce government spending and reduce the federal workforce. Millions of Americans are employed by the US government. Here's how the agencies break down and what ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

It reflects Trump's goals to reduce government spending and reduce the federal workforce. Millions of Americans are employed by the US government. Here's how the agencies break down and what workers ...