Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year.

Sales tax can sneak up on you — especially with larger purchases. Knowing how to figure it out ahead of time can save you from sticker shock at the register. Just take the item’s price and multiply it ...

Text Callout : Key Takeaways - How to Calculate Your Effective Tax Rate Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...