Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

States collected nearly $455 billion in total income tax revenue in fiscal 2021—an astounding 14.7% increase over the prior year. That’s according to the latest report from the National Association of ...

It's the last week of the year, which means it's your last chance to save big on taxes. By donating to charities or changing your investments, you could save thousands in tax liability. If your hard ...

President Joe Biden and his wife, Jill, earned $610,702 during their first year in the White House and paid $150,439 in federal income taxes. That was a tax rate of 24.6% for 2021, well over the ...

WASHINGTON, April 15 (Reuters) - President Joe Biden and his wife Jill released their federal tax returns on Friday, showing the couple earned more than $600,000 last year and paid an effective ...

Whether it’s through tax cuts or new raises for state workers, one of the main selling points that helped North Carolina lawmakers finally pass a new state budget was that just about everyone will ...

MINNEAPOLIS (WCCO) -- Tax season begins officially for Minnesotans prepping their state income tax returns. Monday is when taxpayers can start filing for both state and federal income taxes for the ...