The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Vermont state officials are hoping a new tax credit will make them more attractive to military veterans and their families.

The last states are wrapping up legislative sessions, and some are crossing the finish line with major income tax cuts.

Iowa lawmakers considered, but did not pass, similar changes for state income taxes during the legislative session earlier ...

Who does 'no tax on tips' apply to? This tax break would apply to those who "traditionally and customarily received tips on or before December 31, 2023," per the bill, which includes "waiters ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

Congress is considering the Educational Choice for Children Act, which would allow wealthy investors to donate their investments to a Scholarship Granting Organization and receive a tax credit, ...

At its core, the bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act while introducing a raft ...

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.

The next state budget will include a new, $200 state income tax break for Connecticut’s working poor with children or other dependents. But a larger, child tax credit for middle-class families ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...

Bill S. 129, or the No Tax on Tips Act, creates a federal income tax deduction of up to $25,000 a year for certain types of cash tips for eligible employees.Sen. Ted Cruz (R-Texas) introduced the ...