Small businesses across Canada are still being taxed on their carbon tax rebates despite a commitment from the former finance minister that they would be tax-free, says the Canadian Federation of ...

Attendees of the Natchez-Adams Chamber of Commerce Legislative Breakfast Monday morning were treated to a debate on the issue ...

Gov. Gretchen Whitmer’s road funding plan is bad for business, according to the Detroit Regional Chamber. The regional ...

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

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

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

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 ...

In special situations, you may have to file regardless of your income. If you have net earnings of at least $400 from self-employment, for example, you’re required to file taxes. If you earn at ...

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming don't collect state income taxes. For most states that do, the deadline is April 15, 2025 ...

A tax break approved in 2022 increased the amount of pension income that is exempt from taxes from $10,000 in 2022 to $45,864 last year. Mills’ proposal would preserve the tax break for most ...

If you win more than a certain amount, you’ll have to pay taxes on your winnings. That’s because the IRS considers gambling winnings taxable income, which means you’ll need to report ...

What Moore’s tax plan would do For single taxpayers, Moore’s budget would tax all income beyond $500,000 annually at a rate of 6.25% and all income beyond $1 million annually at a rate of 6.5% ...