In 2025, local income taxes are levied in all 92 counties. They are collected with the state income tax and tack an extra 0.5 to 3% onto the 3% state rate. This year they’ll raise about $4 ...

New Delhi: The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now, ...

The bill includes a proposal to eliminate federal income tax on overtime pay. The bill needs Senate approval and the President's signature to become law. Louisiana currently taxes overtime pay, but ...

CA Manish Mishra, Founder of GenZCFO said that the decision between older and newer tax regime lies entirely upon one’s spending habits, whether one invests or doesn’t not rely on tax-saving ...

Gang Green selected LSU tight end Mason Taylor in the second round and then grabbed Florida State cornerback Azareye’h Thomas with their third-round pick. Taylor is the son of Hall of Fame ...

EL PASO, Texas (KTSM) – New Mexico State Police (NMSP) will conduct sobriety checkpoints, saturation patrols, and registration, insurance, and driver’s license checkpoints in all New Mexico counties ...

H. 4216, in its current form, brings South Carolina’s income tax rate down to 2.49% if certain revenue triggers are met. In North Carolina, meanwhile, the state’s 4.25% flat income tax will ...

Senate Bill 5814 updates the state’s excise tax code to apply sales tax to a wide range of categories, including advertising agencies, software development firms, IT support providers ...

The ITR filing for the financial year 2024-25 is yet to commence as the Income Tax Department has not notified the ITR forms required to initiate tax filing. Last year, the department had notified ...

The good news is that most Social Security recipients won't pay any state income tax on their benefits, because 41 states and Washington, D.C. have eliminated their tax. The not-so-good news is ...

Income Tax: The financial year 2024–25 has come to an end and the tax filing season has kicked off. As the last date to file Income Tax Returns (ITR) is July 31, taxpayers now have nearly three ...