Iowa adopted the federal changes, including deductions on overtime pay, while Illinois opted out of the bill’s provisions. Workers who receive qualified tips can deduct a maximum of $25,000, according ...

The topic drew statewide attention from anti-tax activist Tim Eyman in the fall.

Washington lawmakers have now introduced the long-awaited income tax on millionaires, and the legislation includes a critical ...

The Georgia state Senate passed a bill Tuesday to make it mandatory for local governments and school districts to participate in a statewide homestead tax exemption, which caps annual property tax ...

Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.

As for credit cards, if you're eyeing a big sign-up bonus or something like two percent cash back, it can make sense. But only if you can pay it off in full and on time. Otherwise, you'll burn more in ...

A wealth tax on billionaires is a horrible idea. It is unconstitutional: a tax on wealth, not income. It’s never enough. The ...

A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, introduced legislation aiming to align Illinois law with the federal “No Tax on Tips ...

A judge on Feb. 3 approved Millvale’s emergency request to borrow $1.9 million so the borough can pay off its overdue debts as it works to right its financial ship. Allegheny County Common Pleas Judge ...

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

Majority Democrats in Washington on Tuesday rolled out the much-anticipated income tax bill. Senate Bill 6346, with Senate ...

The UN is debating a global tax framework that could link oil and gas industry profits to climate compensation, but member ...