The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Share | Related Content Inflation & Your Money It's important to understand how inflation is reported and how it can affect investments. Gift Yourself a Debt-Free Holiday Here are some tips on how to have a holly, jolly and less stressful gift-giving season. 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?