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 ...

Tax codes, used by employers and pension providers to calculate how much income tax to deduct from wages or pensions, can sometimes be a source of confusion. These codes can be found on your payslip, ...