Some states have higher taxes in other areas to make up for the lack of an income tax. No income tax also applies to different forms of retirement income. Federal tax rules apply regardless of your ...

A host of stocks just took hits because of what is known as tax-loss harvesting. Now, some of them are likely to bounce back—presenting an opportunity for a quick trade.

Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...

At the end of 2024, wildfire survivors who had waited years to be paid in settlements over powerline-ignited fires got major relief from the federal government: they would not have to pay federal ...

On Jan. 1, eight states will reduce individual income tax rates, and Ohio will transition to a single-rate income tax, eliminating the higher rate for its top tax bracket, according to a new report ...

Personal care attendants in Massachusetts who assist people they live with will no longer be required to pay state or federal income tax, Governor Maura Healey announced Monday, a change that could ...

We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...

Ed Rainey, attorney for proponents of a graduated income tax, speaks to the Colorado Title Board about the proposal on Wednesday. In a saga offering more twists than a soap opera, Colorado Title Board ...

TOKYO, Dec 18 (Reuters) - Japan is set to raise the tax-free income threshold and expand deductions for middle-income earners under a deal between Prime Minister Sanae Takaichi's minority government ...

ST PAUL, Minn. — On a list of things to do, it would be a severe understatement to say filing taxes would not be at the top of the list for most Minnesotans... not even close. The Minnesota Department ...

Top Beacon Hill Democrats lined up in opposition Tuesday to a potential ballot question that seeks to lower the state income tax, after economic experts warned the measure could erase billions of ...

Senate and House budget chiefs Sen. Michael Rodrigues and Rep. Aaron Michlewitz at a hearing in February 2020. (Sam Doran/SHNS File) Editor's Note: This is an excerpt from WBUR's daily morning ...