A bill to let voters in Virginia localities decide whether to impose an extra tax on themselves to pay for school construction is headed for a governor who vetoed a similar measure last year.

RICHMOND, Va. — Two local representatives in the Virginia General Assembly want to change the state’s tax exemption rules when it comes to organizations with ties to the Confederacy.

I hadn’t either — until Massachusetts governor Maura Healey unveiled her $62 billion budget proposal last week, which includes an initiative to strip candy from its sales tax exemption.

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump in his first term on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017 ...

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(Markus Schmidt/Virginia Mercury) At the crack of dawn on Tuesday, a Democratic-led Senate subcommittee rejected or delayed several of Gov. Glenn Youngkin’s signature tax cut proposals, opting instead ...

The Virginia Department of Taxation on Jan. 27 announced that the individual income tax filing season is now underway, and taxpayers can file their tax returns. The announcement encourages taxpayers ...

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Overall, Healey aides said she is seeking to increase spending by 2.6 percent over the current fiscal year, not including the nearly $2 billion the plan would use in millionaires tax revenue.

Roughly 70% of taxpayers qualify for IRS Free File, but only a fraction of eligible filers use the software. For the 2025 season, you can use IRS Free File if your adjusted gross income, or AGI ...

5000-S8 Schedule 8 - Canada Pension Plan Contributions and Overpayment (for all except QC) 2025-01-21 5000-S7 Schedule 7 - RRSP, PRPP, and SPP Contributions and Transfers, and HBP and LLP Activities ...

This system for naming and storing all the paperwork you need to prepare your taxes is easy, and you don't have to follow it perfectly for it to work. I've been contributing to PCMag since 2011 in ...