The Latest Breaking News from Income Tax

Party's youth wing will also debate abolishing income tax entirely.

Despite strong year-over-year growth in GMV and revenue, Jumia Technologies (JMIA) incurred a significant loss before income tax due to currency devaluations in its largest markets, impacting purchasing power and supply availability. Given the challenging macro environment in Africa, should you invest in this e-commerce stock? Read more.

Some people wonder what Project 2025 is and what it suggests for taxes.

Your take-home pay is often less than expected due to several payroll tax withholdings you need to know.

To avoid getting flattened by higher taxes or Medicare premiums related to Roth conversions, make sure you look both ways on your tax rates.

The Chicago City Council is considering hiking 16 different taxes and fees. The ideas the council has been asked to consider include an income tax surcharge, a vacant lot tax, traffic congestion charges, and higher taxes on groceries and alcoholic beverages.

Georgia is imposing new restrictions on the sale of hemp products, requiring some basic standards for rented residences, cutting income taxes and requiring cash bail for dozens of new crimes

Irrevocable trusts can be set up so that the trust maker no longer pays income taxes, and the taxes are instead paid by the trust. What are the pros and cons?

Knowing what to give, how to give and where to give can help ensure your charitable giving aligns with your values and maximizes your impact.