Income tax portal revamp introduces new forms, integrated payment module and essential quick links, helping taxpayers in the ...

On Jan. 1, eight states will reduce individual income tax rates, and Ohio will transition to a single-rate income tax, eliminating the higher rate for its top tax bracket, according to a new report ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

At a 12% marginal tax rate, for example, the $6,000 enhanced senior deduction for a single taxpayer who is 65 or older would result in $720 in tax savings. The new enhanced deduction for seniors on ...