The new S.C. Republican leadership plan to change the state’s income tax structure away from a progressive model to a flat tax is classic deflection: Call it flat and fair to hoodwink regular pe ...

State Republicans propose a flat income tax structure Tuesday in Columbia. Credit: Office of the Governor MORNING HEADLINES | Republican leaders in the S.C. General Assembly on Tuesday introduced ...

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday. Replying to the discussions on the Finance Bill ...

New Delhi: In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced significant changes to the income tax structure, aiming to provide relief to the middle class and boost economic ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

Age Your standard deduction: $14,600 A fixed dollar amount based on your income and tax filing status that reduces the amount you’re taxed on. Consider it tax-free income that you keep before ...

A tax treaty is a bilateral agreement made by two countries to resolve issues involving double taxation of passive and active income. Income tax treaties generally determine the amount of tax that ...

OTTAWA — Liberal Leader Mark Carney defended Wednesday putting two green investment funds in an offshore tax haven while an ... were invested in them. “The structure of these funds is designed ...

ISA season is upon us, and as the tax year deadline looms, you may well be looking for a smart addition to your portfolio that can boost your income. According to Fidelity International ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.