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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 ...
Labor secretary cherry-picks chart showing lower- and middle-income gains from Trump’s tax bill If Your Time is short ...
Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how Americans approach tax planning.
Shortly before midnight, Ohio Gov. Mike DeWine signed the state's two-year budget, including an income tax cut for high earners and $600 million for the Cleveland Browns' new domed stadium.
New taxes on the wealthy, such as a city income or payroll tax, would likely need changes to state or federal laws.
The tax break sounds universal, but it’s slanted toward middle- and higher-income earners — workers who owe enough federal income tax for the deductions to make a real difference.
South Carolina's top income tax rate drops from 6.2% to 6% as part of a new budget aiming to boost economic growth and attract more small businesses.
But who actually benefits? The answer depends on how much you make, and how much you already pay in federal income tax. Here’s what to know: How does no tax on overtime work?
Will you get any benefit from tax break on OT, tips in New Jersey? What the big beautiful bill means.
High-income earners (>$217,000): For taxes filed in 2026, households making between $217,000 and $318,000 would see their after-tax income raise 2.6 percent, a tax break of about $5,400.
With the GOP’s “big, beautiful bill” headed to President Trump’s desk, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs.
These are some of the key tax changes in President Donald Trump’s “big beautiful bill” and how it compares to current law.