The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...

Most red states are looking to reduce property tax burdens, which have increased along with home values. Finding ways of replacing lost revenues for locals remains a challenge.

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 ...

Republican lawmakers are proposing limits on ballot measures that ask voters to raise their property taxes to fund school districts.School districts often turn to taxpayers to ...

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 ...

For years, critics have called for the abolition of the carried interest tax break, which reduces the taxes that venture capital and other investment managers pay on their cut of returns.

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

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 ...