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.
Before going out and spending the money, consider other options for your tax refund.
Start gathering all your paperwork for the tax season.
Don't miss these tax breaks -- they could save you some cash.
How the charity uses the vehicle you donate affects your deduction.
Some early IRA withdrawals are OK with the IRS.
Landing a job in today's economy is hard. Follow these tips to help secure your dream job.
When choosing between renting and buying, it's important to first weigh all of your options.
Big changes are in store for America's health insurance system. Do you know how it will affect you?
Want to save on insurance? Make sure to check on any new discounts your insurer may be offering.
The benchmark 30-year fixed mortgage rate inched lower.
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.
A new app allows car dealers to communicate with customers in a compliant way.
... Read more