Making Your Tax Bracket Work Have you explored all your options when it comes to managing your taxable income? Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Perspectives on Tax Planning Too often, taxes are only thought of once or twice a year How Income Taxes Work A quick look at how federal income taxes work. The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.