Tips are an important fact of life for a whole lot of workers in the US. Since they can be a major source of income, you'll ...

This new tax reporting rule should not affect your tax liability. If you earn over $400 in income, you need to report it to ...

Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

Ten million pensioners will be paying income tax by 2032, new figures reveal. Three quarters of retirees are set to be ...

That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable income without taking a pay cut — from putting more into retirement to ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

President Donald Trump has proposed abolishing federal income taxes, suggesting that tariffs and taxes on foreign nations ...