The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Related Content Do Your Kids Know The Value of a Silver Spoon? You taught them how to read and how to ride a bike, but have you taught your children how to manage money? It May Be Time for a Financial Checkup It’s never a bad time to speak with your financial professional about changes in your situation. Bi-Weekly Payments This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly.