Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

President Donald Trump on Sunday night reiterated an extraordinary ambition he and members of his administration have voiced from time to time throughout his young second term: One day, Americans ...

Yes, the status quo is unsustainable. But Romney's proposed solution risks making those problems harder to fix while ...

Companies doing business in the state of Maryland are no strangers to regulation and taxes. So, when Maryland introduced a special business tax that would provide federal tax relief to Maryland ...

The I.R.S.’s Taxpayer Advocate Service found that many of those affected were lower-income people who depended on refunds to cover living costs. The wait is “ridiculous,” the head of the service said.

The 2025 tax season officially kicked off on Monday, when the Internal Revenue Service began accepting and processing individual income tax returns at 9 a.m. This means that you could be more likely ...

For the vast majority of clients, individual retirement accounts with a lot of assets represent a great goal. But bigger is not always better. Processing Content To the small number of wealthy ...