Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate ...

Even tax threshold changes in the last few years are biting due to the recent period of much higher inflation. The income tax ...

Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income ...

How would the 'no tax on tips' policy work? Put simply, the new bill would "make tip income exempt from federal income taxes," said The New York Times.

(The Center Square) – As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan legislation to eliminate the age cap on eligibility ...

While tax rates have remained the same, ranging from 10% to 37% depending on an individual’s total taxable income, the IRS has announced new brackets with adjusted thresholds for tax year 2024.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.

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 child tax credit could get boosted to $2,500 under a Republican proposal. But millions of children would be excluded.

The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and deductions aimed at helping you do just that.

Louisiana HB 341 proposes reducing the state individual income tax from 3% to 2.75%. The bill also aims to eliminate the motion picture production tax credit program starting July 1, 2024.