Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
Budget 2025 income tax: Top tax reliefs FM Sitharaman should consider in Union Budget
The Union Budget 2025 is expected to simplify existing tax provisions and introduce reforms to boost consumption amidst ...
Crain's Detroit1h
House speaker wants to pull back business tax credits to pay for roads. Experts say it won't be so simple.
House Speaker Matt Hall's proposal to free up more money for road funding by eliminating business tax credits is being met with skepticism over the feasibility and legality of the move. The Republican ...
Alimony and Income Tax: Is ex-wife liable to pay income tax on settlement amount received from husband in a divorce case?
Did you ever wonder if alimony is taxable for the ex-wife. This is because the alimony is paid by husband after paying all ...
cnbctv1831m
Budget 2025: Smallcase managers expect income tax reforms and growth-focused policies
Smallcase has released its Managers Budget 2025-26 survey report, highlighting expectations from the upcoming Union Budget.
5 tax strategies for high-income earners
Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
It's True: These 13 States Don't Tax Retirement Income
As of this year, nine U.S. states don't collect income tax on retirees' income simply because these states don't impose ...
CNBC11d
2024 and 2025 tax brackets and federal income tax rates
That will remain the same for tax year 2025 (filing in 2026), but the IRS adjusts the income range for each bracket annually to account for inflation's impact on salaries. Depending on how much ...
Historic MS tax cut would end tax on income, unless you work in porn or are a sex worker
A House bill meant to eradicate the state's individual income tax does not apply to sex workers in Mississippi.
Tax Guru6h
Income Tax Appeal Dismissed Due to Low Tax Effect: Chhattisgarh HC
Chhattisgarh High Court heard the appeal of ACIT vs. B.L. Agrawal, challenging the order passed by the Income Tax Appellate Tribunal (ITAT) and the Commissioner of Income Tax (Appeals) for the ...
montanafreepress1d
Democrats pitch property tax relief via income tax credit
A measure pitched by the Democrats in the Montana Legislature would take aim at rising homeowner property bills by offering an income tax credit, offsetting a portion of property tax payments for ...