The upcoming Memorial Day weekend marks the start of the traditional summer driving season. In most states, summer road-trippers are paying more gas tax than they did a few years ago and are benefiting from smoother and safer roads as a result. In total, 30 states have raised or reformed their gas taxes in the last six years.
People with taxable incomes of less than $22,250 a year no longer would be taxed; rates for higher amounts would be cut about 6.6 percent.
Monday is the deadline for Americans to file their personal income taxes.
Minnesota is among a minority of states — just 13 — that impose a state-level tax on Social Security benefits. Why does Minnesota do that? The answer can be traced back to the overall design of our state's income tax system.
The Legislature should start by fully funding revenue sharing and state education funding.
Some Americans are getting a sobering surprise as they finish their 2018 taxes -- instead of getting an expected refund, they owe money. And they may be in the same boat next year, too.
Despite all the talk about a tax cut after President Trump’s successful overhaul of the tax code, many people are reporting that they are paying more to the federal government.
For Tax Day, ITEP has released several new reports that tell a broad story about our nation’s federal, state and local tax systems, providing important details about taxes we all pay and research on the tax-paying habits of Fortune 500 corporations. And of course, we have a trove of other tax policy resources.
The new law adjusted the withholding tax from paychecks, so most people kept more money for most of last year.
The tax deadline is almost here, and with the tax deadline comes a wide range of tax questions from filers.
As the tax deadline nears, residents of some states are bearing the brunt of it more than others.
As April 15 nears, millions of taxpayers this year will have to navigate the IRS' new Form 1040. It's the result of a campaign promise by then-presidential candidate Donald Trump to simplify tax rules so that a postcard-size form would be all an average taxpayer needs.
The deadline for filing 2018's individual tax returns to the Internal Revenue Service is looming.
Some families moved to high-tax towns because of the good school districts.
Thank goodness the federal tax code allows for procrastination and the things in life that happen, including events that are out of your control. You can achieve a reprieve by filling out IRS Form 4868: Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. The extension gives you six extra months to file your return.
These New Jersey towns take the smallest property tax bite.
Don't count on these popular deductions to lower your tax bill this year – they're gone as part of broader tax cuts
Property taxes rose 4 percent on average across the U.S. last year, a rate that's outpacing inflation and that could mean more pain for homeowners given a new cap on deducting state and local taxes.
Families often spend thousands of dollars caring for ailing loved ones at home.
How homeowners file their taxes this year could be affected by a number of new changes, including the cap on mortgage interest deductions.