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The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips entirely.
Kansas reported unexpected individual income tax revenue growth during May to deliver a surprise $144 million to the state treasury.
Boston Mayor Michelle Wu banked more than $184,000 last year, nearly all of which came from her $207,000 mayoral salary, according to the 2024 tax return she released this week through her campaign.
Missouri House Republicans muscled their biggest tax-cut priority of the year across the finish line on Wednesday, sending a bill exempting capital gains from income tax to Gov. Mike Kehoe.
President Trump suggested that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.
President Trump wants to eliminate income tax for Americans earning less than $150k. Could his tariffs offset that?
When is Tax Day 2025? Tax day this year is Tuesday, April 15, 2025. When is deadline to file income tax forms in 2025? The deadline for paying taxes is midnight on April 15 in the time zone you're in.
The tax deadline is fast approaching. Here is the last day and time to submit personal tax return forms or file for extensions.
A 2022 Kentucky law reduced the state's income tax rate and set a series of revenue-based triggers that could gradually lower the tax to zero. But unlike in Mississippi, the triggers aren't automatic.
To simplify filing crypto taxes in the US, you need a 2024–2025 tax year guide that covers IRS regulations, taxable events, forms and tips to simplify your reporting.
Only a few U.S. states currently do not levy personal income taxes. Donald Trump, however, has floated the idea of eliminating income taxes for all Americans.
State refunds are delayed and Kentucky has a new income tax rate. What it all means for you.