It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

Employees also pay FICA taxes (Social Security tax and Medicare tax) at a flat rate of 7.65%. While you can calculate payroll taxes by hand, we recommend using a more reliable, less time-consuming ...

It can be expressed as annual gross income or annual net income. Annual gross income is what you receive before taxes and other deductions. Annual net income is the amount that’s left after taxes and ...

To report capital gains and losses and calculate tax owed on your tax return, you'll need Schedule D and Form 8949. Can I deduct capital losses from my taxes? It indicates an expandable section or ...

The tax calculator provides an approximate figure of your income tax liability by considering various data such as your income, tax deductions, HRA exemption, etc. You can pay income tax either as tax ...

In that case, the way you report the transaction and calculate your taxes due will differ. For instance, if you sell frequently to customers, the property you sell might not be treated as a ...

To calculate real return, subtract inflation rate from nominal return after taxes. Positive real returns ... value-- high inflation rates can leave you with a negative real rate of return if ...

Image source: Getty Images. To account for receivable and income, you'll need nothing more than a good calendar and a basic calculator. Let's work through a simple example of how to calculate and ...

But if you're not completely sure whether a CD is right for you, understanding how to calculate CD interest can help you compare your options and determine which one is the right fit. Here's the ...