When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...

Corporate tax policy is front and center in this election. If elected president, Vice President Kamala Harris says she would raise the corporate tax rate from 21% to 28%, while former President Donald ...

Capital gains taxes are levied on the profits from selling assets such as stocks, bonds, real estate or other investments. When you sell an asset for more than you paid for it, the difference between ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

When it comes to tax collection, it would be nice if you were told exactly what you owe without having to do the math on your own. Understanding your personal property tax payments, how your state, ...