Stronger market performance brought the first couple's income back above $1 million in 2023 after 2022 contractions.

An aging population and high healthcare costs mean that more Americans are leaning on government assistance for their income.

President-elect Trump has many tax cut plans and a promise to ‘end all taxes on overtime’, but in Congress, it’s likely ...

Western wildfire survivors are calling on Congress to pass a bill that would relieve them of federal income taxes on recovery ...

Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as ...

The United States federal income tax is levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities. Federal income taxes for ...

When Illinois Governor JB Pritzker sought to boost the state income tax on the rich at the height of the pandemic, Ken Griffin used his fortune to torpedo the initiative. The billionaire financier ...

Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations. By Tripp Mickle Reporting from San Francisco Over ...

Do I always have to pay tax on my income? Tax-free allowances reduce the amount of tax you have to pay on income you receive. There are two types: Allowances – allow you to earn a certain amount of ...

krisanapong detraphiphat / Getty Images The earned income tax credit (EITC) is a tax break available to low- and moderate-income wage earners. It is a refundable tax credit that reduces the ...

The income tax proposal would eliminate Louisiana’s three graduated ... Please see our republishing guidelines for use of any other photos and graphics. Louisiana flat tax bill clears first hurdle ...

Reminder: The CRA has resumed its work to address taxpayer debt. Benefit and credit payments and tax refunds may be applied to pay down outstanding balances. If your debt repayment causes significant ...