President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying ...

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for ...

COLUMBUS, Ohio (WCMH) — Gov. Mike DeWine signed the state’s $60 billion budget on Monday night, and while he vetoed 67 items, he kept in the provision that will lower the tax rate for those making ...

In an effort to increase the transparency and usefulness of the income tax footnote disclosures, FASB promulgated Accounting ...

Abolishing U.S. income tax and replacing it with tariffs would require a prohibitive 72% average tariff rate. Click here for ...

President Trump has floated a sweeping promise: tariffs on foreign goods so large and lucrative that Americans could stop paying federal income tax. The idea taps into deep frustration with the tax ...

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have additional taxes to worry about–and possibly year round. While many wage earners ...

Earlier this month, Republicans approved a budget resolution that includes trillions of dollars in cuts to both taxes and government spending. Treasury Secretary Scott Bessent said on Tuesday that the ...

Folks are typically thinking about summer travel or last-minute beach holidays this time of year. But in Georgia, lawmakers have something else in mind: Eliminating the state’s income tax. While ...

Americans could get some financial relief next year when the IRS adjusts its federal income tax brackets for inflation, a change that could help lower taxes for millions of households. Each fall — ...