Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.
A report released on Friday has found the median after-tax income of Canadian families and unattached individuals was $70,500 in 2022, a decrease from $73,000 in 2021.
The IRS’s Direct File platform prepared federal income-tax returns for nearly 141,000 households, exceeding officials’ goal of handling 100,000 returns.
President Biden has vowed to let provisions of the tax law passed under Trump expire, but a new analysis shows if it expires, just about everyone will see their taxes go up.
Working Australians - already battling a cost of living crisis - have now been hit with the world's biggest income tax increases. This occurred after Labor came to power.
The income tax department on Thursday extended the deadline for charitable and religious trusts to furnish registration application with tax authorities till June 30.
Hedge fund managers have a state tax gating issue when it comes to adding crypto to their assets under management. Generally, states such as New York, Connecticut and California encourage asset managers to locate in their respective states…
Telecommuting, a pandemic-era novelty that has become a permanent alternative for many people, has some Connecticut and New Jersey employees of New York-based companies questioning why they still have to pay personal income tax to the…
By JOHN HANNA AP Political Writer TOPEKA, Kan. (AP) — The Democratic governor in Kansas has vetoed a broad package of tax cuts for the second time in three months. Gov. Laura Kelly described the tax plan Wednesday as too expensive despite…
Tax reform, like spring, is in the air. The Biden Administration recently released its fiscal year 2025 revenue proposals, known as the annual “Greenbook.” The Greenbook’s 250+ pages of tax reforms include six potential changes to…
As millions of pensioners are dragged over the threshold for paying income tax, experts warn that married couples are first in line for a shock tax bill.