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 ...
The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
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 ...
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...
The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...
Kentucky’s Republican-dominated legislature has convened to start a 30-day session that's expected to include action to ...
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...
Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way ...
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).