While the One Big Beautiful Bill Act made headlines for tax and spending cuts, it also contains significant changes to the federal ...

Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political perk, one unlikely to have any meaningful impact on state or local fiscal ...

The good news is that most states don’t tax Social Security income. A small number of states also simply don’t charge any income tax. Four states exempt most retirement income from state-level ...

Expansion of the federal Low-Income Housing Tax Credit could allow construction of tens of thousands more affordable-housing units in Illinois.

The good news is that most states don’t tax Social Security income. A small number of states also simply don’t charge any income tax. Four states exempt most retirement income from state-level ...

President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.

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

MOBILE, Ala. (WALA) - A federal judge in Mobile this week sentenced a Mobile tax preparer to five years of probation for tax fraud. According to court documents and Internal Revenue Service ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

SALT is a federal tax provision that allows taxpayers who itemized their deductions to subtract state income taxes and local property taxes from their adjusted gross income for 2018 through 2025.

Texas should institute a state income tax. So should Florida and Tennessee, along with all U.S. states that presently don’t have an income tax. Please read on. This is decidedly NOT a call for ...