It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.
The federal income tax collected by the IRS applies to all Americans regardless of where you live, but the rules for state income tax rates and how those taxes are paid can be vastly different. What ...
About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their ...
In 2017, President Donald Trump and a Republican controlled Congress successfully enacted the Tax Cuts and Jobs Act (TCJA) into law. (The majority of its provisions took effect in 2018.) According to ...
Experts cast doubt on whether the lost revenue could be replaced with tariffs. In recent campaign speeches, former President Donald Trump has repeatedly floated an eye-catching idea: the elimination ...
FILE - West Virginia Gov. Jim Justice speaks at an election night watch party at the governor's mansion in Charleston, W.Va., on May 14, 2024. (AP Photo/Chris Jackson, file) CHARLESTON, W.Va. (AP) — ...
Georgia lawmakers are debating whether to eliminate the state income tax. If they do, they may risk slowing tax revenue growth and spurring increases in other taxes.
After spending time scrutinizing financial markets and Fed rates, the last thing you probably want to think about is how much the tax man will take from your earnings. But tax planning while investing ...