Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year.

In an innovative new research paper, UC Berkeley economists found that the total effective tax rates paid by the 400 richest ...

The wealthiest 400 people in the U.S. pay a tax rate of 24%, lower than the average rate for all other taxpayers, economists ...

Under current law, the 25 highest-earning billionaires paid a 16% tax rate on average, estimates show, while the top 1% of taxpayers paid an average rate north of 25.6%. More than 91% of households ...

What would happen if billionaires paid taxes at the same rate as the middle class? The answer reveals some surprising truths ...

The 2017 Tax Cuts and Jobs Act (TCJA) introduced Section 199A. This provision, scheduled to expire next year, provides owners of “pass-through” businesses a 20 percent deduction for qualified business ...

STATEN ISLAND, N.Y. -- With tax season in full swing, millions of Americans are currently thinking about how much money they pay to the federal government each year. But what often gets forgotten is ...

Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your effective tax rate each year to help you make adjustments to your ...