These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

HARTFORD, Conn. (WTNH) — Gov. Ned Lamont delivered his seventh State of the State address for Connecticuct Wednesday ...

Republicans will enter the 2025 legislative session with their largest supermajorities in decades. Here are some of their top ...

For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table could curtail those efforts.

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025.

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

Fortunately, state Social Security benefit taxation is becoming less common over time. Only the following nine states still ...

The IRS has implemented new tax brackets and standard deductions for 2025, offering a slight boost to paychecks and reducing ...

The owners of farmhouses (1000 square yards) located in Gulberg Greens Islamabad have challenged the imposition of the ...