The deadline for Hoosiers to file their 2024 federal and state income tax returns is Tuesday. The Indiana Department of Revenue and the U.S. Internal Revenue Service recommend taxpayers file ...

wichayada suwanachun / Getty Images Tax-exempt interest is interest income that is not subject to federal, state, and/or local income tax. Tax-exempt interest is a type of income that is not ...

Montanans also receive a state-level earned income tax credit that equates to 10% of the federal earned income tax credit. HB 337 raises that ratio to 20%. In a February committee hearing ...

Unfortunately, like other types of income, your Social Security benefits can be taxed -- for now. President Donald Trump has noted several times that he wants to eliminate the federal tax on ...

In 2024, Tesla reported $2.3 billion in U.S. income yet paid zero federal income tax. Over the past three years, the company earned $10.8 billion domestically and paid only $48 million in federal ...

With the party leaders’ debates now behind us, and the federal election just days away, what better time to take a brief look at a few of the more interesting tax policies announced by three of the ...

President Donald Trump has high aspirations for his tariffs, going so far as to suggest increased taxes on imports could replace income taxes ... vice president of federal tax policy at ...

squashing the symbolic gesture of a small boost in federal income-tax rates for the wealthy may be viewed in retrospect as a lost opportunity for the GOP. For the time being, that party’s bond ...

Trump claims tariffs could eliminate INCOME taxes, but economists warn of skyrocketing prices and recession risks. On 15 April 2025, President Donald Trump revived an audacious proposal: replacing ...

Are you thinking about packing your bags and moving overseas? It’s a big step, and there’s more to it than logistics. There are some serious tax implications to think about. Let’s look at ...

COLUMBIA, S.C. — SC lawmakers are revising their proposed income tax cut after ... 28% of earners would see a tax increase. “The folks who don’t [benefit from federal tax breaks] are the ...