Porter County officials ponder local income tax increase as legislature considers property tax freeze
While they are waiting to see how the Indiana legislature votes in this year’s lawmaking session ending April 29 Porter ...
Illinois expanded tax credits for some workers and families but the money isn't being claimed, experts say
The child tax credit and an expanded earned income tax credit is expected to put more money back into filers' wallets.
Missing the income tax deadline or failing to pay can have costly consequences
Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...
Individual income tax credits can SHAVE a person's federal income tax liability
Tax Talk explains individual income tax credits. Refundable can bring a tax liability to zero. Non-refundable can't generate ...
Tax Treatment Of Medical Family Leave Programs - Refund Opportunity
Mandatory state paid medical and family leave programs (PMFL) have been generating federal tax confusion. In January of 2024, ...
1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive a Form 1099-K this year. Here’s what ...
EITC 2025 payment: What to do if your Earned Income Tax Credit claim was rejected?
If your claim for the Earned Income Tax Credit (EITC) was rejected on your 2025 tax return, it is important to know what ...
Trump and Elon Musk are floating ‘DOGE dividends.' Low-income Americans might not get the benefits
The president recently touted the idea, which came to a 30-year-old investor in a dream and caught the attention of Elon Musk ...
PPF For Regular Income: How to get Rs 60,000/month tax-free income from Public Provident Fund?
The Public Provident Fund (PPF) is a savings scheme designed for retirement. It provides guaranteed returns and tax benefits.
Seven Ways to Reduce Taxes on Social Security Benefits in 2025
Ways to avoid paying taxes on Social Security benefits. Before we dive into some ways to potentially reduce your tax burden, ...
If Tate Reeves calls a tax cut special session, Senate has the option to do nothing
Speculation is rampant that Gov. Tate Reeves will call a special session if the Senate does not acquiesce to his and the House leadership’s wishes to eliminate the state personal income tax. Here’s ...