If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.

Republican Lt. Gov. Delbert Hosemann on Wednesday unveiled a $326 million tax cut package that reduces the state income tax ...

Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.

The IRS issues a news release urging taxpayers to be careful with their information by choosing a reliable tax preparer and ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

Money expert Martin Lewis says there's a legal way for some people to increase their income tax allowance this year.

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...