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 ...

If tips are part of your pay, the federal tax agency treats every dollar you receive, whether left on the table in cash or added to a credit card receipt, as regular income.

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.

But who actually benefits? The answer depends on how much you make, and how much you already pay in federal income tax. Here’s what to know: How does no tax on overtime work?

But who actually benefits? The answer depends on how much you make, and how much you already pay in federal income tax. Here’s what to know: How does no tax on overtime work?

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

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.

Ohio's new $60 billion budget creates a 2.75% flat income tax for everyone. Discover how these major changes will affect your family's finances.

Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the Richest Tackling America’s wealth gap will require more powerful tactics.

With homeless services tax renewal off the table, Metro Council votes to adjust income thresholds Indexing was one reform included in the now-shelved plan to get the Supportive Housing Services ...