Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...

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

Cutting income taxes is one of the big goals for Ohio House Republicans this year, but the way they've written their bill to do so could end up raising the overall tax burden of most Ohioans. House ...

Louisiana law requires that all land, commercial or residential, be assessed at 10 percent of its market value. Residential buildings are assessed at 10 percent of their market value and commercial ...