Think about using the IRS’ official estimator. There are two ways to calculate your sales tax deduction: Pull your hair out trying to find receipts for everything you bought during the year ...

To calculate net sales ... can reduce profit margins if not managed carefully. Taxes, such as sales tax and excise tax, are not included in net sales because they are collected on behalf of ...

Your effective tax rate is different from your tax bracket. It’s the percentage of your taxable income you pay in taxes. To calculate your effective tax rate, find your total tax on your income ...