Democratic Gov. Josh Stein says he’s ready to negotiate with Republican lawmakers when a budget reaches his desk. If that ...

Unlock overlooked tax deductions -- from medical costs to home office write‑offs -- to lower your taxable income and keep ...

Illinois local governments lost out on over $10.9 billion in income tax revenue since fiscal year 2012. Here’s what your city ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois. That brings the number of flat-tax states to 14, with a ...

The Motley Fool reports that capital gains taxes for 2025-2026 vary by income, impacting investors selling assets in taxable accounts.

A business-as-usual approach to taxes in the first year of retirement can lead to silly trip-ups that erode your nest egg.

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. This fall, Americans got to see what it’s like to go without ...

The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate incomes. Its especially ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Beginning Jan. 1, South Carolina residents will see changes to laws regulating places that serve liquor and new income withholding tables to match federal changes. Also in March, fines will be ...

As the new year begins, many South Carolinians may notice something different when they look at their paychecks.