Lawmakers claim that the bill, if ratified, would gradually lower both rates and eventually move to a single 1.99% flat tax for everyone.

South Carolina Attorney General Alan Wilson announces gubernatorial bid, as U.S. Rep. Nancy Mace considers throwing her hat into the ring.

South Carolina currently has a graduated state individual income tax rate ranging from 0% to 6.40%. Recently, a bill was released that will collapse the state's income tax rate to a fixed rate of ...

Lottery purchase regulations, teacher pay bumps, income tax cuts and educator certification changes are now in effect with ...

Everything you need to know about which tax credits Congress just voted to eliminate, when they expire and who qualifies.

529 State Tax Deductions More than 30 states and the District of Columbia allow families to deduct 529 contributions from their taxable income. For a couple earning $100,000 and contributing ...

The leader of South Carolina’s hospital association said a cost-saver in the bill would force the state to consider Medicaid expansion. South Carolina hospitals are telling home state Sen. Tim ...

Recently introduced legislation in Congress could raise the federal minimum wage to $15 an hour as early as next year – but is that enough?

Recently introduced legislation in Congress could raise the federal minimum wage to $15 an hour as early as next year – but is that enough?

The best mortgage lenders will have a combination of low rates, several loan options and excellent customer service. Money’s ...

Bamberg offers small-town charm with its brick-paved downtown streets and historic buildings that tell stories of the past. Housing costs here are among the lowest in South Carolina, with median home ...