The Alternative Minimum Tax, also known as the AMT, is a portion of the U.S. tax code that affects high-earning individuals who lower their tax payments through deductions. Want to know how it’s calculated? Salman Khan of the Khan Academy demonstrates.
Tax deductions are an important part of calculating your annual income. But many people are unclear about how deductions affect overall tax payments. Salman Khan of the Khan Academy explains a simple calculation you can do, depending on your tax bracket, to help you estimate the effect.
For anyone who has computed taxes, “tax brackets” are a familiar term -- but how they work can be complicated. Salman Khan of the Khan Academy breaks down and explains the U.S. income tax schedule.
What is asset allocation? Is there a mix of securities that can perfect portfolio diversification? CNBC explains.
A new study underscores the financial advantages of leasing over buying, but it also points to a potential alternative.
About $1.7 trillion is invested in variable annuities, yet most investors don't know how to value their holdings.
CNBC's Diana Olick breaks down the economics of home lending by the numbers.
The housing market is one of the pillars of the U.S. economy and there may be no better indication of how the market is doing than housing starts.
You may have heard this term in the aftermath of the real estate bubble. So what is an underwater mortgage?
More than 14 million autos have been recalled globally due to air bags that have ruptured, injuring passengers.
More companies in the food business are asking customers to not bring guns into stores. Based on gun laws, here's why.
An interactive look at the outlook for energy consumption and production around the world.
What gifts to buy, how to find deals, and who will profit from all this spending.
The nexus of technology -- cloud, social, mobile and data -- are transforming user behaviors and creating new businesses.
Advisors say it's time to get serious about year-end financial plans, like taxes and portfolio re-balancing.