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Filing Income Taxes

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Filing income taxes can be stressful, but these tax tips will make filing taxes much simpler. Read our list of income tax tips.

How Tax Deductions Work

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Tax deductions are a way to decrease your taxable income, which decreases the amount of taxes you owe the government. Learn all about tax deductions.

How Tax Credits Work

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Tax credits can reduce the amount of your income tax bill and save you serious money. Learn all about tax credits at HowStuffWorks.

How the Affordable Care Act Tax Credit Works

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Those who benefit from the Affordable Care Act also have to juggle their monthly premiums. Learn more about the ACA tax credit at HowStuffWorks.

How Charitable Tax Deductions Work

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You get two things when you donate to a charity: a feel-good moment and a tax deduction. Learn more about charitable tax deductions at HowStuffWorks.

What Is the Tax Rate for Lottery Winnings?

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Mega Millions and the Powerball lotteries have collectively hit over $1 billion. But if you happen to win one (or both) how much will Uncle Sam want?

Did we pay more taxes in the past?

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Did we pay more taxes in the past? Read about taxes in history compared to the taxes we pay today.

10 Ways to Be Tax Exempt

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It isn't easy to become tax exempt, but it sure can make April 15 less stressful. So what type of organization qualifies?

What Happened to the Income Tax Personal Exemption?

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HowStuffWorks examines the fate of the personal exemption in light of the tax reform laws of 2017 and it affects 2018 income tax refunds.

How does your business structure affect your business taxes?

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How your business is structured affects how your business pays taxes. Learn more about business structures and taxes at HowStuffWorks.

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