Scott and legislative Republicans have long pushed for exempting military pensions from income taxes. This year, lawmakers in all parties signed on to a significant exemption.

Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.

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 ...

A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they ...

ITAT Kolkata held that filing of Form No. 67 is directory and no mandatory and the credit for foreign taxes cannot be denied for mere delay in filing the Form No. 67. Accordingly, appeal of the ...

The GOP’s plan to eliminate taxes on tips masquerades as help for service workers, but in reality, it strips away crucial tax credits and opens the door to exploitation, benefiting the wealthy far ...

An interview with George Dimov, the CPA building a nationally trusted firm for tech professionals, global earners, and remote ...

Invesco Municipal Trust's leveraged municipal bond fund may not suit your portfolio. 1.3% expense ratio is high for a bond ...

Families would also have to meet tighter standards to qualify for the earned income tax credit, a major anti-poverty program that reached 23 million tax filers in 2022.

MILLIONS of workers will be hit with higher tax bills in the coming years as frozen thresholds will force them to hand over ...