Income tax — a tax on money made from jobs and other sources — is the largest revenue source for the US government. Although originally controversial, it has become a key principle of the US tax code.

A maze of complex language, codes, and directives, peeling back the layers of the Internal Revenue Code is a challenge for even the most seasoned accounting and tax professionals. As a finance ...

Business owners need a good understanding of required federal, state, and local taxes. Filing business-related taxes can be a time-consuming and complicated process, especially for new entrepreneurs.

BOSTON, MASSACHUSETTS - MARCH 30: Members of the Boston Red Sox stand on the first base line on Opening Day at Fenway Park in Boston, Massachusetts. (Photo by Paul Rutherford/Getty Images) As we have ...