Category
Tax Guides
Plain-English guides to federal income tax, Social Security, Medicare and withholding for the 2026 tax year.
Understanding Federal Income Tax Brackets for 2026
The 2026 federal brackets run from 10% to 37%. Here are the thresholds for each filing status and how they apply to…
Can You Claim Exempt From Federal Withholding?
Claiming exempt stops federal income tax withholding, but only if you owed nothing last year and expect to owe nothing this year.
Quarterly Estimated Tax Payments for Freelancers
Freelancers usually pay tax four times a year. Here are the 2026 due dates, a worked example and the rules for avoiding…
What Is Additional Medicare Tax?
Additional Medicare Tax is an extra 0.9% on high wages. See when your employer starts withholding it and why married couples can…
1099 vs W-2: How Your Take-Home Pay Differs
Earning the same amount as a W-2 employee or a 1099 contractor leaves you with different take-home pay. Here is a side-by-side…
