Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

The IRS uses your modified adjusted gross income (MAGI) to determine whether you qualify for important tax benefits like deducting contributions from your individual retirement account (IRA) and ...

When it’s time to calculate your tax bill, knowing your adjusted gross income is a crucial first step. If you file your tax return online (or have your tax preparer do it), you’ll need your AGI from ...

Take a Financial Relief Quiz. Get matched with an Authorized Partner. Tax terminology can often feel like a foreign language, but there are a few standard terms a taxpayer will benefit from ...

Effective gross income (EGI) is a key metric for real estate investors looking to evaluate the income potential of a property. It represents the total revenue that a property generates after ...

The concept of adjusted gross income is intimidating to many people, especially given how long and complex tax returns have gotten. Yet if you're like millions of Americans whose sole source of income ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Your annual income is the total amount of money a person or a business earns during the year. This includes all money generated through all income sources, such as salaries and wages, rental ...

Social Security benefits were initially exempt from federal income tax, but in 1983, they became partially taxable. In 1993, a second income threshold was added that increased the share of benefits ...

As a result of the reduction in corporate income tax rates that was effected under the recently enacted tax law changes, the concept of “gross-up” in tax-exempt financings has been raised by some of ...