Missouri Republicans want income tax cuts. But services could be taxed instead under plan
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
Income tax cut expected to be a top priority as Kentucky lawmakers convene for a 30-day session
Kentucky's Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce ...
India to Simplify Decades-Old Income Tax Filing Rules in Budget
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...
House GOP pledges major movement on income tax reduction in General Assembly's first week
Winter weather didn't stop the Kentucky General Assembly from gaveling in Tuesday — and moving quickly on key priorities for ...
What is a national consumption tax? Here's how it differs from income tax.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...
How to reduce your tax bill as self assessment deadline approaches
Whether you run a business or are self-employed, "effective tax planning can significantly reduce your tax obligations", said ...
Income tax slab for AY 2025-26: Which is better, the old tax regime or the new tax regime?
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...
Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
11 Tax Deductions You Can Take If You Have Rental Income
If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...
3 Tax-Planning Numbers All Employees Should Know In 2025
January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...
How to Build a Tax-Smart Retirement Income Plan in 5 Steps
By creating a tax-smart retirement income plan, you can better manage your tax burden to ensure you have enough income to enjoy your golden years.
Ask the Hammer: Is Social Security Income Tax-Free?
In a recent episode of "Ask the Hammer," financial expert Jeffrey Levine from Buckingham addressed a common concern among Social Security recipients: the potential need for tax withholding on their ...