If you fall into a lower tax bracket this year, you'll pay a lower tax rate, which can slightly increase the amount of money ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

President Trump said the U.S. could possibly eliminate the federal income tax if his tariff plans work out as intended. "If ...

More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...

INDIANAPOLIS — Committee rooms were booked up and busy this week as lawmakers debated several pieces of legislation and voted ...

Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.

Representative Bishop Davidson and Senator Curtis Trent spoke at the event hosted by Americans for Prosperity. The group is ...

It's too late for Waymart Borough Council to revisit the 2025 budget and add a tax. A deficit led council to cut police hours ...

Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...

Mississippi House leaders have unveiled a tax cut proposal that would eventually abolish the state income tax, slash taxes on ...

That will remain the same for tax year 2025 (filing in 2026), but the IRS adjusts the income range for each bracket annually to account for inflation's impact on salaries. Depending on how much ...

The sumptuary allowance for judges as defined under the Supreme Court and High Court Judges Acts is exempt from being treated as income under the Income Tax Act, 1961. However, for other judicial ...