Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

Typically, if your income is less than the standard deduction for your filing status, filing a return isn’t required.

Iowa local governments and business groups say they generally support getting rid of the state’s complicated property tax rollback system, but continue to explore the fiscal toll they would face from ...

Ohio lawmakers are looking to eliminate the state’s highest income tax rate and instead switch to a flat tax of 2.75%.

The first batch of 2024 income tax refunds worth $27.8 million has been released. The Department of Revenue and Taxation, together with the Department of Administration, announced the release of ...

After this day, many rules related to investments will change and several schemes will also be discontinued. The last date to ...

Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...

Tax returns are deeply personal. Many factors and life changes can affect yours. Why your refund may be different from the ...

One of the signature pieces of legislation from Donald Trump's first term was the 2017 Tax Cuts and Jobs Act, which overhauled many areas of the tax code. However, major provisions of that law ...

Gov. Wes Moore said the fiscal 2026 budget needs to give a tax break to middle-class taxpayers, but he sidestepped questions ...

Homeowners facing ballooning property taxes aren't pleased. But the revenue is crucial for schools and other local government ...