Reporting taxes, applying for a loan and making a new company budget will require you to know how much money you bring in each year. Annual income is one of the most valuable metrics for quick, ...

Income tax is a government-levied tax on income generated by individuals and businesses. Taxes are used to fund public services, government obligations, and infrastructure like schools and roads.

Taxable income is the portion of your income that the IRS considers subject to federal income tax. It includes both earned income, such as wages and self-employment earnings, and unearned income, such ...