Many provinces in Canada have combined a federal–provincial personal income tax rate that exceeds 50 per cent at the highest rate. For example, Ontario, British Columbia Quebec and many of the ...

The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...

New figures show that having state income tax laws conform with the changes made by President Trump would reduce revenues this fiscal year by $381 million.

07 Aug 2024 (NAMPA) The Minister of Finance and Public Enterprises, Iipumbu Shiimi has tabled the Income Tax Amendment Act of 2024 in the National Assembly. The Act aims to provide tax relief to ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax on Harvard’s endowment income on Friday — a move that could cost the ...

When retiring early, married couples can use this little-known (and legitimate) strategy to take a six-figure income every year — tax-free.

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Buyers have until Sept. 30 to qualify for the federal tax credits on EVs before ...

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's second-term agenda this week. Here's what's in it.

House Republicans have propelled President Donald Trump’s multitrillion-dollar tax breaks and spending cuts bill to final congressional passage.

With the GOP’s “big, beautiful bill” headed to President Trump’s desk, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs.

Spending cuts hitting medical providers, Medicaid and Affordable Care Act enrollees, and lawfully present immigrants are just some of the biggest changes the GOP has in store for health care — with ...