Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...

As mandatory State paid family leave and paid family and medical leave (collectively “PFML”) programs have significantly expanded and proliferated ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

and no capital gains tax on income earned abroad. There are also no withholding taxes and no estate taxes, including inheritance taxes or gift taxes. Offshore companies and trusts do not have to ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...

The 2024 tax season has begun and the deadline for most people to file their federal tax returns is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines ...

Those impacted by the California wildfires for example, have until Oct. 15, 2025, to file their returns and pay any tax liability. The IRS has expanded its Direct File program for 2025 ...

Two key programs, "Direct File" and "Free File," have been expanded this year. The deadline for most taxpayers to file their returns is April 15, 2025. Musk says shutting down USAID in government ...

HB 1461 includes expanded authority to toll Indiana interstates, a new local tax option on retail deliveries, and increased pressure on local governments to pass maximum wheel and excise taxes. Gary ...

said US responses could include imposing additional taxes on foreign-owned businesses operating in the US or withholding taxes on payments to those jurisdictions. “Ultimately, we are seeing ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump speaks in the Roosevelt Room of the White House, Tuesday, Jan. 21, 2025, in ...