Newsweek contacted the Tax Foundation for comment by email on Friday. Why It Matters. Income tax cuts are expected to be ...

New tax brackets and standard deductions are now in effect, which will slightly boost paychecks and lower income tax for many ...

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.

As the calendar flips to 2025, several U.S. states are rolling out reductions in individual income tax rates, offering ...

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...

Iowa's getting rid of its income tax brackets, so instead of 2024's 4.4% to 5.7%, Iowans will now start paying a flat tax rate of 3.8%."All of the things we've ...

North and South Carolinians are among the relatively small subset of Americans who are poised to see both their state and ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

Under a new law, the individual income tax rate will drop a quarter of a percent from 2024 and will now sit at 4.25%. ABC11 ...

Gas stations won’t be able to sell hemp products anymore. Laid-off workers won’t get as many unemployment benefits and ...

For 2025, income tax brackets are increasing by 2.7% in the new year to prevent higher prices from pushing Canadians into ...