Several, if not hundreds, of nonprofit organizations on Guam could potentially have engaged in unauthorized activities and misused their tax-exempt status over the Department of Revenue and ...

The higher the value of the estate, the higher the tax rate. For example, In New Jersey, the first $25,000 of an inheritance is exempt for everyone, but then an 11% tax kicks in for the amount ...

Idaho House Speaker Mike Moyle announced that a series of tax cut bills would be coming soon. The first bill is to reduce the income tax (HB 40) and in the coming days, there will be proposals to ...

Budget 2025 Expectations Income Tax: As Budget 2025 approaches ... the population and enhancing disposable income for lower and middle-income earners. Revised Exemption Limit for Long-Term Capital ...

And in a potential change that shoppers could notice at the grocery store, the governor is seeking to cover a small portion of the spending by removing the sales tax exemption from candy purchases.

Currently, medical items like drugs, medical devices, and some durable equipment like prosthetics are exempt from sales tax. In addition, some of these purchases, such as accessories and supplies ...

Thousands of older drivers above the age of 70 could be exempt from new Vehicle Excise Duty (VED) car tax changes set to hit motorists from the Spring. New car tax rules will impact almost all ...

U.S. President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement ...

If you have served faithfully at your job for over 15 years, the Government will waive the 2 per cent tax on your superannuation savings upon your retirement. In the 2025 national budget, the Marape ...

Missouri's lawmakers want to consider eliminating the sales tax on groceries to help lower costs. Kansas started this ... and receive food assistance. For example, state agencies that run social ...

Bigstock If you’ve been to the grocery store since the new year you may have noticed that state sales tax on grocery items dropped to 0%. In 2022, the Kansas Legislature passed a bill that ...