Income tax rates

Income Tax Rates: The More You Know, the Less You Pay

Different types of income get taxed at different rates. Understanding how tax rates work will help you figure out the best way to cut your tax bill this year and beyond.

Fiscal Cliff Averted: Details of the Deal

An agreement was reached late Monday between the White House and Senate Minority Leader Mitch McConnell aimed at averting the fiscal cliff. Early Tuesday morning, the Senate passed the bill, and late Tuesday night, so did the House. Let's break down the key points of the deal.

The Deal on Tax Cuts: What it Means for You