Answer: Sales tax was a deduction until the 1986 Tax Reform Act “simplified” the tax system. The 2004 Jumpstart Our Business ...

Ireland introduced the 'Basic Income for the Arts' pilot scheme in the aftermath of Covid-19 in 2022. The trial saw 2,000 ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know in 2026.

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

If you live in Ohio, Georgia, Indiana, Kentucky, Mississippi, Montana, Nebraska, North Carolina, or Oklahoma, congratulations, you’re going to get a break on your state income taxes in 2026. If some ...

Filing taxes can be daunting, even overwhelming. Whether you file with help from a professional or on your own, calculating precisely what you owe to the Internal Revenue Service, or what the IRS owes ...

Earlier this year, a bill was signed into law to lower Kentucky's individual income tax by half a percentage point.That lower rate starts right at the beginning of 2026.The rate is currently at 4%, ...

Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...

OLYMPIA – Gov. Bob Ferguson said Tuesday he supports a state income tax on those who make more than $1 million a year. The proposal, he said, would be tied to reducing sales taxes on baby and hygiene ...

FRANKFORT, Ky. (WKYT) - Kentucky’s individual income tax rate will drop to 3.5% on Jan. 1, 2026, cutting state revenues and tightening lawmakers’ budget choices as they prepare the next two-year ...

On Jan. 1, eight states will reduce individual income tax rates, and Ohio will transition to a single-rate income tax, eliminating the higher rate for its top tax bracket, according to a new report ...

JEFFERSON CITY, Mo. — Nine states across the United States have already eliminated their state income tax. Now, Missouri lawmakers are laying the groundwork to make the Show Me State number ten with ...