The United States federal government and most state governments impose an income tax. They are determined by applying a tax rate, which may increase as...

In addition to federal income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose...

Taxation of income in the United States has been practiced since colonial times. Some southern states imposed their own taxes on income from property...

Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as...

Taxable income refers to the base upon which an income tax system imposes tax. In other words, the income over which the government imposed tax. Generally...

The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll,...

taxes began after 1900, while the states (but not the federal government) began collecting sales taxes in the 1930s. The United States imposed income...

Income in the United States is measured by the various federal agencies including the Internal Revenue Service, Bureau of Labor Statistics, US Department...

In the United States, an income tax audit is the examination of a business or individual tax return by the Internal Revenue Service (IRS) or state tax...

income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income)...

Highest-income counties in the United States Household income in the United States List of lowest-income places in the United States List of countries by average...

Three key types of withholding tax are imposed at various levels in the United States: Wage withholding taxes, Withholding tax on payments to foreign persons...

The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows Congress to levy an income tax without apportioning it among the states...

income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net...

Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency (California...

Poll taxes are regressive, meaning the higher someone's income is, the lower the tax is as a proportion of income: for example, a $100 tax on an income of...

local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. This tax may be imposed on...

In general, the United States federal income tax is progressive, as rates of tax generally increase as taxable income increases, at least with respect...

The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working...

apply on income or on wealth (property tax; estate tax or wealth tax). Here below a few examples of direct taxes existing in the United States (though...

Income inequality has fluctuated considerably in the United States since measurements began around 1915, moving in an arc between peaks in the 1920s and...

federal income tax in the United States and substantially lowered tariff rates. The act was sponsored by Representative Oscar Underwood, passed by the 63rd...

the United States Code. The IRC is organized topically into subtitles and sections, covering federal income tax in the United States, payroll taxes,...

Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In...

subject to income tax in the United States. The amount on which tax is computed, taxable income, equals gross income less allowable tax deductions. The Internal...

Under the federal law of the United States of America, tax evasion or tax fraud is the purposeful illegal attempt of a taxpayer to evade assessment or...

Excise tax in the United States is an indirect tax on listed items. Excise taxes can be and are made by federal, state, and local governments and are...

after-tax perspective, real median household income grew 46%, representing significant growth. In 2023, annual real median household income grew for the first...

In the United States, individuals and corporations pay a tax on the net total of all their capital gains. The tax rate depends on both the investor's tax...

The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government...