The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

If lawmakers fail to extend these provisions, 62% of filers would see a tax increase. A failure to extend the TCJA’s ...

California state and local property tax revenues could decline significantly in the short term due to losses in value from ...

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

The beginning of each year is a great time to start next year’s tax planning. One area to help reduce your tax obligation, that benefits from an early in ...

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

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).

Gov. Greg Gianforte again wants Montana lawmakers to cut the top income tax rate. However, a bipartisan group of lawmakers ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

In brief, carbon cashback is a carbon-pricing policy that would tax fossil fuel pollution, disincentivizing fossil fuel use ...

The new Income Tax Bill will raise the level of transparency in tax laws by adopting clear language in provisions which ...