The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...

Congress should scrap itemized deductions and enact a flat personal and corporate rate of 15%.

The Supreme Court on Friday agreed to review a decision by the Wisconsin Supreme Court rejecting efforts by Catholic ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

Some financial advisors are readying their clients for the possibility of an extension of the TCJA, which is set to expire at ...

North and South Carolinians are among the relatively small subset of Americans who are poised to see both their state and ...

House Republican leadership touted the end of the interest and dividends tax, while Democrats said it will benefit the ...

Iowans may begin to see some changes right away in 2025 as employers withhold less money from their paychecks to account for ...

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...

It’s going to cost Jersey drivers a little more money to tank up, starting New Year’s Day when the state gas tax increases by ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

North Carolina’s corporate income tax will also see changes. For 2025, the tax rate will drop from 2.5% to 2.25%, with ...