A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

In this China Monthly Tax Brief for December 2025, we highlight key taxation developments relevant to individuals and businesses ...

Big tax refunds are coming in 2026, but critics warn Trump's new breaks could deepen debt and widen inequality across America ...

Over the past decade, some retirees have sought to lower their RMDs by buying a type of annuity called a qualified longevity annuity contract, or QLAC. You buy the annuity with pretax money (up to a ...

It’s not just multinational corporations looking to shelter cash. Individuals are stashing anywhere from $8.7 trillion to $36 ...

Trump Accounts launch in 2026 for children born 2025–2028. Each starts with a $1,000 federal deposit. Families can add up to ...

Among tax improvement ideas, will the government consider reducing RRIF minimums? Bettering CRA service? Lowering the tax ...

Lackawanna County property owners anxious about the impact of the county’s reassessment on their 2026 tax bills can begin calculating what that impact might be, at least in terms of their county taxes ...

Payroll officers handle this automatically, but understanding how to calculate PAYE tax yourself helps you confirm that your deductions are correct. Understanding how to calculate tax on your salary ...

While Meta said it expects federal cash tax payments to drop significantly because of the One Big Beautiful Bill Act passed by Congress, but the implementation of that act also led to the recognition ...

WGN Radio’s Tom Fortino from Alpha Wealth Group gives you the latest financial business news, financial planning advice, and more! On this week’s episode, Tom talks about deferred payment strategies, ...

COLUMBUS, Ohio -- Gov. Mike DeWine’s property tax work group is floating an idea to freeze taxes for certain seniors, but the relief wouldn’t come free. The unpaid bills would be tacked onto their ...