On Tuesday, New York City Mayor Zohran Mamdani announced that the city was facing a budget deficit of $5.4 billion over the ...

The Income Tax Department has intensified scrutiny of executives earning over Rs 50 lakh annually, issuing notices for potential income underreporting and improper tax exemption claims.

Landing in a higher tax bracket can feel like a penalty for earning more, but it doesn’t have to be inevitable. With the right strategies, you may be able to reduce your taxable income and limit how ...

OLYMPIA, Wash. — Democratic House leaders in Washington state say they are optimistic a controversial income tax on ...

Converting a traditional IRA to a Roth during low-income years could unlock six figures in added retirement income through smarter long-term tax timing.

With the end of the tax year looming, pension savers currently have a window to review and maximise what’s going into their retirement funds – we look at how ...

Discover if your business grant is taxable. Learn about IRS guidelines, grant agreements, and key exceptions to better ...

Millions of parents are filing their taxes right now, and for many families, the process can feel confusing and overwhelming.

Supporters say Senate Bill 6346 would make Washington’s tax system more progressive while generating an estimated $3.7 billion annually in revenue.

Feguson said he's optimistic legislators can reach deal this year, but that changes need to be made.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

The millionaire's tax passed the Senate 27-22 after extensive debate and is now being considered in the House. Ferguson said Tuesday he is “crystal clear” that he will not support any form of income ...