When your teen says Fanum tax, you might have to do a double-take. Gen Alpha created this slang term, but what does it mean? And is it appropriate for teens to use? If the term or meaning of Fanum tax ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...

Back taxes refer to unpaid taxes that remain outstanding from previous years, either due to missed payments, underreporting of income or adjustments in tax filings after an audit. These unpaid ...

If you own a home, you have paid an ad valorem tax. If you own a car, same thing. In fact, if you've ever bought anything in the United States, you have paid an ad valorem tax. These taxes are based ...

Learn the difference between tax avoidance, negligence and evasion, and why intent matters. Discover what to do if you can't ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

Discover how solidarity taxes fund social projects, their implementation in Germany and France, and why they are often ...

A Washington state couple’s fight to get a $14,729 tax refund – and the meaning of "income" under the 16 Amendment – made it all the way to the U.S. Supreme Court this week in a case that might upend ...

Hit the jackpot, meet the taxman. The Powerball jackpot has soared to a staggering estimated $1.8 billion — but the lucky winner will have to fork over millions in taxes before enjoying the benefits ...

CHICAGO (WLS) -- A group is pushing for all descendants of slaves in Chicago to have their property taxes waived. New billboards are up on the corner of Chicago Avenue and Austin Boulevard to bring ...