Vivek Ramaswamy Wants To Make Ohio The Ninth No-Income-Tax State
Vivek Ramaswamy is proposing to eliminate the state income tax in his bid to be governor of Ohio, which is one of only 15 ...
IRS Issues Tax Deadline Reprieve For Storm Victims
It comes after severe storms brought high winds, flooding, landslides and mudslides to portions of West Virginia in February.
What Are the Tax Rates for the Alternative Minimum Tax (AMT)?
The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...
Tax Guru2d
Individual Income Tax- Budget Reforms 2025
The Government has further amended the new tax regime to reduce the taxes, especially keeping in focus the middle class. The article relates to reform introduced in personal income tax in Budget 2025.
Are IRS Penalties Tax Deductible?
The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...
The Press Democrat2d
IRS says time is running out to claim 2021 tax refunds
As the April 15 filing deadline looms, the Internal Revenue Service reminds taxpayers that after three years, any unclaimed ...
Bill would change how Kentucky can lower income tax. Here's how
An amended bill moving forward in the Kentucky legislature would drastically change the state's approach to reducing its ...
WNCT on MSN12d
NCDOR begins processing individual income tax returns
The North Carolina Department of Revenue is now processing 2024 individual income tax returns. Taxpayers will begin receiving ...
When are individuals liable for Additional Medicare Tax in 2025?
If you're a high-income earner, you may be subject to the Additional Medicare Tax, a 0.9% tax on earnings that exceed ...