The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs ...

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

The president believes tariff revenue could completely replace federal income taxes within four years, despite current tariffs bringing in just one-tenth of what would be needed.

Although you might cringe at the thought of paying taxes on your hard-earned income, taxes are what keep the federal government in business, paying for the services you rely on. For the U.S. federal ...

The prime minister refused to rule out income tax thresholds being frozen – which could lead to people paying more ...

Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for ...

Abolishing U.S. income tax and replacing it with tariffs would require a prohibitive 72% average tariff rate. Click here for ...

If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased. For ...

House Speaker Destin Hall, left, and Senate President Pro Tempore Phil Berger, talk before Gov. Josh Stein delivered his State of the State address to a joint session of the General Assembly on ...

Lawmakers created a new PA program to mirror the federal Earned Income Tax Credit, and adjusted an affordable housing credit ...