No state has ended personal income taxes since 1980, but Mississippi and Kentucky may change that
About 45 years have passed since a state last eliminated its income tax on wages and salaries. Two Southern states are now on ...
No US state has ended personal income taxes since 1980, but Mississippi and Kentucky may change that
Mississippi and Kentucky are on track to eliminate their income taxes by tying reductions to economic growth, following ...
Tax return filings drop by nearly 1 million and extension requests rise as deadline nears
As the April 15 tax filing deadline fast approaches, fewer Americans have filed their federal taxes, and more have requested ...
Mass. is rolling in ‘Millionaire’s Tax’ cash. Spending it? That’s another matter
At a Beacon Hill hearing, state lawmakers weighed the split between education and transportation spending, as well as ...
MARCA14d
Can federal taxes be paid by credit card in the 2025 tax season?
In this case, it is possible to pay by credit card. Ultimately, you would have extra time before the payment is due and the possibility of receiving incentives. Be aware that not everything is ...
The Independent14d
IRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts at agency
open image in gallery Tax officials warn that the IRS could be in for a $500 billion revenue drop linked to taxpayer behavior in the wake of DOGE cuts at the agency, according to a report (AP ...
CNET15d
2025 Federal Tax Brackets: Here's Why Your Paycheck May Be Bigger This Year
If you fall into a lower tax bracket, you could pay less in taxes and keep more of your money. Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy ...
Indiatimes15d
UK may be planning to end the tax that Google, Amazon, Apple, Microsoft and other American companies likely 'Hate', and the reason is
The UK government considers reducing or eliminating its Digital Services Tax by April to avoid potential US tariffs. Prime Minister Keir Starmer's administration faces a tough decision balancing ...
Transport Topics15d
FedEx Reports Net Income, Revenue Increase for Q3
In the company’s FedEx Express segment, Q3 revenue increased 3% to $19.2 billion from $18.7 billion last year. Operating income rose 10 ... Q3 results include a net tax benefit of $46 million ...
moneycontrol.com16d
Accenture hit by US Federal cuts as Trump's efficiency drive slows procurement
with CEO Julie Sweet confirming that the company’s federal services revenue has taken a hit due to a shift in government priorities. “The new administration has a clear goal to run the federal ...
The New York Times16d
China’s Government Is Short of Money as Its Leaders Face Trump
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs. By Keith Bradsher Reporting from Beijing Buried ...
Committee for a Responsible Federal Budget17d
Primer: Understanding the Tax Gap
Note: This is an update of our Tax Gap Primer using the latest available data from the IRS. One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of ...