If you borrow money to buy investment assets, the IRS will sometimes allow you to deduct the loan's interest from the taxable ...

Companies record both income tax expense and income tax payable in journal entries. For companies that use the cash basis for both financial and tax reporting, income tax expense equals income tax ...

Arguably the most beneficial incentive for filing taxes as a business owner as opposed to an individual is the number of deductions allowed business owners. Whereas individuals are typically not ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Westend61 / Getty Images The annualized income installment method calculates estimated tax ...

Unearned income is highly useful for anyone looking to accumulate wealth, but it does come with tax consequences. Here’s the deal. What Is Unearned Income? What’s the Difference Between Unearned ...

The Vanguard Tax-Exempt Bond ETF offers diversified, investment-grade US municipal bond exposure with a low 0.03% expense ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suriyawut Suriya / Getty Images Tax indexing is the adjustment of tax rates in response to ...