If you're in the 35% or 37% income-tax bracket, a phaseout in the newly increased state and local tax (SALT) deduction can ...

Shortly before midnight, Ohio Gov. Mike DeWine signed the state's two-year budget, including an income tax cut for high earners and $600 million for the Cleveland Browns' new domed stadium.

A tax on your dinner table. " Separately, Gallego called the tomato tariff a " tax on working people, plain and simple."Governor Katie Hobbs@GovernorHobbsPresident Trump’s reckless trade war is ...

The Income Tax Department has released ITR-2 and ITR-3 Excel utilities for FY 2024-25, enabling taxpayers with capital gains and business income to file returns before the September deadline.

ITR filing AY 2025-26: The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto income to file returns for FY 2024-25 (AY 2025 ...

With the president’s domestic policy law signed, states will have to administer many of the cuts and decide how much they can spend to keep their citizens insured and fed.

July 3 (Reuters) - It is the end of the line for U.S. electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or ...

The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund's recommendations that Washington reduce fiscal deficits over the medium ...

More than 60% of this year's one-time state income tax rebates have been sent out, according to the Georgia Department of Revenue.

How does "no tax on tips" work? The "no tax on tips" provision in the spending bill creates a new deduction for tipped workers, eliminating what they owe in federal income tax.

Will Trump's big tax bill help or hurt you? Why it could depend on your income A new analysis found that higher earners stand to benefit most from the Senate's tax bill in the short run, but ...