Tax Basics

Here are some of our most popular pages, explaining basics about taxes.

Income Tax 101
The big picture.

Your Tax Bracket
Find out what your tax bracket is, and learn its significance.

Overview of Tax Deductions
Deductions reduce your taxable income, leading to lower taxes.

Tax Rules for Gifts
Who pays tax when a gift is made, and how much tax applies if property received as a gift is later sold.

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