The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

According to the Social Security Administration (SSA), the estimated average monthly Social Security retirement benefit for ...

This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...

Gov. Ned Lamont’s proposed $55.2B budget would reform CT’s ‘fiscal guardrails’ and launch a major early childhood development ...

Net Interest Income increased $3.4 million, or 3.8%, to $91.8 million for the year ended December 31, 2024, from $88.4 million for the year ended ...

In addition to investing in child care, Gov. Ned Lamont's $55.2 billion, two-year budget proposal will include a $50 income ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Connecticut Senate Republicans called Tuesday for tax cuts of $1,000 for middle-class families that would be paid partly by a two-year wage freeze on unionized state employees. As Gov. Ned Lamont ...

The bill will lower Kentucky’s individual income tax rate from 4% to 3.5% in 2026, a move projected to lower state revenue by $718 million annually.

A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...

India’s middle-class is finally rejoicing! In a major announcement, Finance Minister Nirmala Sitharaman in her Budget 2025 ...

Federal efforts to rein in spending may clash with priorities in Michigan, where 4 out of every 10 budget dollars are sent ...