The Latest Breaking News from Income Tax

The full new State Pension is worth £10,600 over the 2023/24 financial year.

Knowing how to lower your tax bill (pay less taxes) requires some strategizing. Here are a few tax tips to help make it happen.

As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker of Illinois who advocate for progressive income taxes also support one of the most regressive taxes: lotteries. This sort of “taxation” increases revenue without the stigma associated…

President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes

THE First Minister has expressed interest in proposals which would see income tax hiked on the wealthiest in society to raise more money for the…

Roz Foyer also said more strikes were "unavoidable" unless Government pay policy changed

It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline, and many often pay to use software from private companies such as Intuit and H&R Block

Question 1: When do you stop paying tax? Death and taxes. It can sometimes take the former to stop the latter. Basically, you stop paying income tax when

If you meet certain income requirements, you are required to file a federal tax return this year. You could face penalties if you don't.

Uncle Sam is giving an extra three days to file income tax returns and pay taxes this year.

Warren G. Harding was a terrible president, but he did get two things right. He freed an ailing Eugene Debs from federal prison, where Debs had been locked up for criticizing World War I, and he appointed Mabel Walker Willebrandt, Los Angeles’ first female public defender, as assistant attorney general…