Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

President Donald Trump has announced his intention to create a reciprocal-tariff regime that increases taxes on the products Americans buy from countries that impose their own high import taxes.

Malliotakis created the Bonus Tax Relief for America’s Seniors Act and the Tax Relief Unleashed for Seniors by Trump (TRUST) ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

Most area sales taxing bodies saw lower receipts in 2024 than in 2023, the state's fiscal watchdog reported, and all reported ...

Understanding how federal and state taxes apply to your benefits can help you keep more of your money. Here’s what you need ...

The impending cannabis excise tax increase is thanks to a 2022 deal brokered between Democrats in the legislature and Gov. Gavin Newsom’s administration. The agreement dropped a widely loathed ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Michigan Gov. Gretchen Whitmer wants the Legislature to work with her on a plan to increase road fixes by $3 billion a year.

Local officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

EDITOR: I doubt voters were expecting pain when they voted for Donald Trump. He promised to lower prices, tame inflation and ...