While they are waiting to see how the Indiana legislature votes in this year’s lawmaking session ending April 29 Porter ...

Tax Talk explains individual income tax credits. Refundable can bring a tax liability to zero. Non-refundable can't generate ...

Hopefully, if you owe them, you have the savings you need to pay your tax bill when you file your return. Not everyone owes ...

The child tax credit and an expanded earned income tax credit is expected to put more money back into filers' wallets.

While campaigning for the presidency, Donald Trump suggested abolishing the United States income tax in favor of an "all ...

Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

Earlier, taxpayers earning up to Rs 7 lakh paid nil taxes under the new regime. Now that limit has been raised to Rs 12 lakh.

Aggrieved by the judgment of income tax appellate tribunal, assessee move to high court with this Appeal under Section 260A of the Income Tax Act, 1961 ...

Ways to avoid paying taxes on Social Security benefits. Before we dive into some ways to potentially reduce your tax burden, ...

Marginal Tax is the tax rate applied on every additional rupee earned as an income. The highest marginal tax rate was charged in Finland, which is 56.9 per cent, whereas the lowest rate of zero per ...

If your claim for the Earned Income Tax Credit (EITC) was rejected on your 2025 tax return, it is important to know what ...

Mandatory state paid medical and family leave programs (PMFL) have been generating federal tax confusion. In January of 2024, ...