New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...
As of October, nine states levied no income tax at all, according to the Tax Foundation. Read on to learn about the nine ...
How could something be income in 2025 if you don’t collect until 2026? The IRS says you have 'constructive receipt' when you ...
The law creates a new deduction of up to $6,000 for people age 65 and older until 2029, and creates a tax break for up to $10 ...
Ohio, Mississippi, and Montana are among the nine states to see income tax cuts in 2026. Find out which other states are ...
A range of changes in individual tax rates and breaks could boost household war chests in early 2026 through a combination of ...
Thanks to a patchwork of exemptions and assessment caps, long-term homeowners often pay significantly less than their newer neighbors—sometimes despite having nearly identical homes. These policies ...
President Donald Trump awarded the Presidential Medal of Freedom on Wednesday to economist Arthur Laffer, whose disputed theories on tax cuts have guided Republican policy since the 1980s. Laffer, 78, ...
When you retire, you might leave your job behind, but you still collect income. And if you collect income, the tax man cometh. Retirement budgets generally are smaller than working-years budgets in ...
Lorain County Commissioner David Moore suggested enacting higher tax exemptions for senior citizens. There are more than 19,550 senior citizens living in Lorain County, Moore said at the commissioners ...