According to the Sunday School lessons of my youth, King Solomon was playing a game when he told two mothers to split the ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

But there were supposed to be 13 of these states? There are. Although the following four states do collect income tax on ...

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President ...

State and local taxes you pay are deductible if you itemize on your federal income tax return. But the Tax Cuts and Jobs Act of 2017 capped the state and local tax (SALT) deduction at ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...

904,000 people at state pension age, which means those born before 1959, currently pay the 40p rate, while 124,000 are in the ...

Three of the Power Five conferences reported a decrease in revenue during the 2024 fiscal year, according to SEC, Big 12 and ...

Providing bigger tax breaks to homeowners is a key component of a deal brokered by Republicans in the Texas Legislature to ...

The Pac-12 shuttered its San Francisco office and moved to the East Bay during 2023-24, all while 10 schools prepared to ...

State tax revenues have been trending down for months as compared to 2024, and while state revenues have been kept afloat largely by interest on saved tax dollars, Mississippi has still fallen short ...