But there were supposed to be 13 of these states? There are. Although the following four states do collect income tax on ordinary work-based wages, they don't count withdrawals from IRAs, 401 (k) ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

The House Ways and Means Committee held a hearing to mark up the "one, big beautiful bill" extending expiring provisions of the TCJA and adding other tax breaks.

Tecogen Inc. (NYSE American:TGEN), a leading manufacturer of clean energy products, reported revenues of $7.28 million and net loss of $0.66 million for the quarter ended March 31, 2025 compared to ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

Eligible NH homeowners received more than $1.1 million in tax relief in 2024 through the Low and Moderate Income Homeowners ...

That said, you cannot simply go out and buy an electric vehicle and expect Uncle Sam to cut $7,500 off your taxes come April. In reality, the amount you qualify for is based on both your income ...

As the government has notified the ITR-1 (Sahaj) and ITR-4 (Sugam) forms, the income tax department will soon enable income tax returns filing for the financial year 2024-25 (or assessment year ...