The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...

Jerome Powell’s recent “hawkish cut” is set to light a fire under high-yielding (and tax-free!) municipal bonds.

Kentucky’s Republican-dominated legislature has convened to start a 30-day session that's expected to include action to ...

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...

Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...

India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...

Budget, FM Sitharaman implemented various modifications to the capital gains framework, tax deducted at source (TDS), and ...

Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...

Iowans may begin to see some changes right away in 2025 as employers withhold less money from their paychecks to account for ...