The Tax Cuts and Jobs Act (TCJA) in 2017 eliminated personal exemptions from tax years 2018 to 2026 but roughly doubled the standard deduction. For tax years 2024 and 2025, the standard deductions ...

There are two primary types of tax exemptions for individual taxpayers with U.S. federal income taxes: Several states allow personal and dependent exemptions with their state income taxes.

The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...

Following the lead of President Trump, state senators are considering a bill to exempt overtime pay from personal income tax. The Senate Workforce Committee OK'd SB 6010 on Monday and sent it to ...

Editor’s Note: a guest post from Louisiana conservative activist Jensen Young. As a Christian and a capitalist, I look ...