Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
5 tax strategies for high-income earners
Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...
LeBron Wire6d
MS House passes income tax cut after nearly 2-hour debate. Will Senate pass it next?
The Mississippi House has passed its income and sales tax cut bill package. it now heads to the Senate for further ...
It's True: These 13 States Don't Tax Retirement Income
As of this year, nine U.S. states don't collect income tax on retirees' income simply because these states don't impose ...
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
Idaho Republicans propose one of ‘biggest’ income tax cuts ever. How much would it be?
Republican Gov. Brad Little proposed a $100 million tax cut during his annual address earlier this year, bragging that officials have cut taxes by $4.6 billion over the last six years. But Moyle has ...
Historic MS tax cut would end tax on income, unless you work in porn or are a sex worker
A House bill meant to eradicate the state's individual income tax does not apply to sex workers in Mississippi.
Opinion
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...
Franklin California Intermediate-Term Tax-Free Income Fund Q4 2024 Commentary
The municipal bond market, as measured by the Bloomberg Municipal Bond Index, recorded negative total returns for the fourth quarter of 2024 but fared better than US Treasuries.
Budget 2025 income tax: Top tax reliefs FM Sitharaman should consider in Union Budget
The Union Budget 2025 is expected to simplify existing tax provisions and introduce reforms to boost consumption amidst ...
Alimony and Income Tax: Is ex-wife liable to pay income tax on settlement amount received from husband in a divorce case?
Did you ever wonder if alimony is taxable for the ex-wife. This is because the alimony is paid by husband after paying all ...