The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Rising interest rates have made the tax free payouts on municipal bonds more appealing, particularly for high-income investors in states like California and New York Though their exemption from ...

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a ...

Learn the benefits of individual municipal bonds over bond funds, including fixed cash flow and tax advantages. Explore more ...

Gov. Greg Abbott said cutting taxes is a top priority, however, state lawmakers don’t have as much money to plug into tax ...

Vanishing ARPA funds will test Gov. Ned Lamont’s commitment to budget ‘guardrails' as lawmakers seek more funds for Medicaid ...

Finance Minister Nirmala Sitharaman announced a major income tax relief in her Budget 2025 speech on Saturday, stating that ...

South Carolina residents are seeing rates go down thanks to a law passed in 2022, but the state still charges a lot more than North Carolina and other southeastern neighbors.