Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...

As 2025 winds down I thought that it would be a good time to remind everyone of the need to make their local estimated tax payments by the Jan. 15 deadline and to try and explain this complex ...

If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.

Experts have suggested tariff revenue would be unable to match the over $2 trillion generated by income taxes annually.

Chancellor Rachel Reeves has said that people whose only income comes from the state pension will not have to pay tax. The ...

Whether the rich pay their fair share of taxes remains contentious. Regardless of your position on this, accurate numbers on the rich’s current tax burden should inform this discussion. I will ...

Income tax will be scrapped for people whose sole income is the state pension, the Treasury has confirmed. The state pension ...