Personal finance systems for spending, saving, debt, and investing.
Education & Certification
Taxes
Articles filed under Taxes.
Colorado State Income Tax: Rates, Who Pays in 2026
Colorado is one of several states with a flat-tax system. For tax year 2025, Colorado's tax rate is 4.4%.
Jul 18, 2026
W-2 vs. 1099: Breaking Down the Key Differences
Knowing when to classify a worker as a W-2 employee or a 1099 contractor is important for both the employer and employee. Each status has different tax implications, due dates and other considerations.
Jul 18, 2026
Backup Withholding: What It Is, How It Works
Learn the details about backup withholding — an action where a 24% tax is automatically deducted from certain kinds of nonpayroll income.
Jul 18, 2026
Massachusetts State Tax: Rates, Who Pays in 2026
Massachusetts has a flat tax rate of 5%. An additional 4% tax is levied on income over $1,083,150, making the highest tax rate in the state 9%.
Jul 18, 2026
Bonus Tax Rate: How Are Bonuses Taxed?
The bonus income tax rate is 22%. Any portion over $1 million is taxed at 37%. Employers must also withhold Medicare and Social Security taxes from bonuses.
Jul 18, 2026
What Is Preferred Stock?
Preferred stock is a class of stock that has priority over common stock for dividends or asset distributions in liquidation. It is similar to bonds in some ways.
Jul 18, 2026
Cost Basis: What It Is, How to Calculate It
Cost basis is the original purchase price of an asset. Cost basis affects the profit and tax due on an asset sale. There are three ways to calculate cost basis.
Jul 18, 2026
401(k) Taxes on Contributions and Withdrawals in 2025-2026
Contributions to a traditional 401(k) are not subject to income taxes but are subject to Medicare and Social Security taxes. You pay income taxes on withdrawals.
Jul 18, 2026
14 Types of Tax-Free Income & Nontaxable Income
The IRS casts a wide net when it collects taxes, but it doesn't collect on everything. Here are 14 types of nontaxable income.
Jul 18, 2026
Taxes on Stocks: What You Have to Pay & How to Pay Less
Profits from stock sales are subject to capital gains tax. The rate you pay depends in part on how long you owned the shares. Dividends are also taxable.
Jul 18, 2026
State Residency Rules for Tax Purposes
You can be a statutory resident of one state even if you have a home in another state. Spending 183+ days a year in a state can create statutory residency and tax bills.
Jul 18, 2026
Form W-9: What It Is, How to Fill It Out
A W-9 is an IRS form used by businesses and other entities to collect taxpayer identification numbers from independent contractors and individuals.
Jul 18, 2026