The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

General Motors reported, on Oct. 21, its third-quarter net income was $1.32 billion, a 57% decline compared with the year-ago ...

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Traditional IRAs and 401 (k)s: Contributions to traditional IRAs and 401 (k)s reduce your taxable income. However, ...

State income tax rates can raise your tax bill. Find your state's income tax rate, see how it compares to others and see a list of states with no income tax.