Millions of retirees in the United States rely on Social Security benefits to meet their basic needs. However, understanding ...

Ed Conway analysis on GDP figures that show surprise growth in the UK economy; we hear about the rise of unequal inheritance ...

Thinking of moving? These are the U.S. states with the LOWEST taxes! Join us as we uncover which states make life a little easier on your wallet while highlighting the good, the bad, and the downright ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

A new report from the state legislature’s Commission on Government Forecasting and Accountability shows how Illinois stacks ...

Of the 41 states that do impose state income tax, most adhere to the April 15 federal filing deadline. There are some exceptions. Delaware, Hawaii, Iowa, Louisiana and Virginia, have different ...

Federal taxes are not levied on income from such business arrangements, though interest income, capital gain income, and some royalties are subject to federal and state taxes. As with federal ...

A new report by the American Lung Association is urging Iowa lawmakers to increase tobacco taxes. The annual "State of Tobacco Control" report grades all 50 states on tobacco control policies and ...

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 ...

States rely heavily on gas taxes to pay for transportation construction and maintenance costs. In 2021, state motor fuel taxes generated about $50 billion in revenue. State and local motor fuel tax ...