Georgia lawmakers said they worry that people will start losing their homes simply because they can no longer afford to pay property taxes. The Senate passed its version of property tax reform Tuesday ...
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 ...
Frustrated by rising property taxes, complicated tax schemes and housing costs that seem out-of-control, leaders at the state ...
A wealth tax on billionaires is a horrible idea. It is unconstitutional: a tax on wealth, not income. It’s never enough. The taxers will soon return with a lower threshold and a higher rate. Consider ...
Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.
Starting July 4, parents will be able to open a Trump account for any child under 18 who has a Social Security number. Parents can deposit up to $5,000 a year into a fund that tracks the growth of the ...
A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, ...
Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
Some have even added tax-prep options: You can submit both federal and state returns through Cash App Taxes and get the ...
States without income tax sound appealing—but hidden costs like sales and property taxes can quietly reshape your wallet. Here’s what truly matters before you move.
Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...
Not all states tax income the same. See how state income tax rates compare, how flat and progressive systems work and what higher rates mean financially.