Lalo Valdez and Matthew Olson, who are both residents of Northern California, cost the IRS about $1.5 million and $2.1 ...

Around 1m pensioners paying income tax at 40% or above - The number of people at state pension age or older who are paying ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.

Proposed Section 899, introduced as part of the “Defending American Jobs and Investment Act” (H.R. 591) and incorporated into ...

TPC found that, on average, all income groups would benefit from the tax proposals. But more than two-thirds of the tax cuts ...

President Donald Trump has said that he’d like to eliminate the Internal Revenue Service and with it income tax. His plan would be to replace the approximately $3 trillion per year that the ...

Rev: Strong income tax collections continued to buoy otherwise torpid state general revenue fund deposits in April, the ...