Missouri Republicans want income tax cuts. But services could be taxed instead under plan
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
House GOP pledges major movement on income tax reduction in General Assembly's first week
Winter weather didn't stop the Kentucky General Assembly from gaveling in Tuesday — and moving quickly on key priorities for ...
India to Simplify Decades-Old Income Tax Filing Rules in Budget
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...
Editorial: Pa. should expand income tax relief for poorest families
Pennsylvania’s tax burden on residents is one of the most regressive in the nation, with poorer families paying a much larger ...
Income tax slab for AY 2025-26: Which is better, the old tax regime or the new tax regime?
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...
11 Tax Deductions You Can Take If You Have Rental Income
If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...
Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
How to Build a Tax-Smart Retirement Income Plan in 5 Steps
By creating a tax-smart retirement income plan, you can better manage your tax burden to ensure you have enough income to enjoy your golden years.
3 Tax-Planning Numbers All Employees Should Know In 2025
January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...
Ask the Hammer: Is Social Security Income Tax-Free?
In a recent episode of "Ask the Hammer," financial expert Jeffrey Levine from Buckingham addressed a common concern among Social Security recipients: the potential need for tax withholding on their ...
Taxpayers can use free IRS tool to file 2024 federal income taxes as soon as Friday
The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.
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House committee advances bill to reduce state income tax in 2026
KENTUCKY LAWMAKERS ARE TAKING STEPS TO LOWER THE STATE’S INCOME TAX RATE. TODAY, THE HOUSE APPROPRIATIONS AND REVENUE COMMITTEE PASSED HOUSE BILL ONE. THE MEASURE WOULD REDUCE THE RATE FROM 4% TO 3.5% ...