What is a tax bracket?
The Bankrate.com financial term of the day is: "tax bracket."
With America's progressive tax system, parts of your income are subjected to higher taxes as your earnings climb above certain thresholds. The tax brackets are the different tax rates that come into play at various levels of income.
A tax bracket determines the amount of tax you pay as you climb the income ladder.
For help making sense of your taxes, visit the Taxes section at Bankrate.com.
The IRS offers several ways to pay your tax tab electronically.
The April 15 deadline is nearing, so pay attention to these last-minute tips.
A portion of your earned wages is deducted from your paycheck and set aside for taxes.
Don't miss these tax breaks -- they could save you some cash.
Before going out and spending the money, consider other options for your tax refund.
Can a couple find common ground when it comes to debt?
Follow this 6-month homeowner countdown so you are ready come closing day.
Pay attention to fees on prepaid cards because in most cases you can avoid them.
Sleep better at night knowing you have extra money tucked away for unplanned expenses.
Do you want your kids to be smart about money? Follow these tips to get them started.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
A little research could save you BIG on interest.
The Chrysler Group has announced a recall of 349,442 cars for a potential problem that can cause the ignition key to become stuck or inadvertently move.
... Read more