It all started in 1913 with the ratification of the 16th Amendment to the Constitution. In a moment of fiscal irresponsibility, the states approved a federal income tax without limits and without any ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

You're free to withdraw money from any of your retirement accounts at any time, but the federal government may swoop in demanding taxes and penalties if you don't heed all of its rules.