President Trump floated a new income tax cut on Sunday as a way to mitigate the impact of his sweeping tariffs, which polls ...

The Institute on Taxation and Economic Policy suggested at least half of all unauthorized workers in the United States pay ...

RICHMOND — Virginia Tax is reminding taxpayers in Virginia that the filing and payment deadline is Thursday, May 1, to file a ...

Did you know that individual income taxes accounted for 49.3% of total government revenue in fiscal year 2024? How about that ...

One of President Donald Trump's tax policy goals is to eliminate federal income taxes for individuals earning under $150,000 ...

The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at ...

Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is ...

It is quite obvious that the left and most Democrats overwhelmingly favor a progressive tax code, in which the rich pay a ...

An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is ...

A bill that exempted National Guard duty pay from income tax now carries a $1.7 billion price tag for tax rate cuts extending ...

Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...