The 16th Amendment to the U.S. Constitution gives Congress the power to levy a graduated tax on all kinds of income, including corporate profits. During President Eisenhower’s time in office, the tax ...
With the distribution of nearly $3 billion in tax refunds to Bay Staters now underway, a troubling new analysis into Chapter 62F claims Massachusetts officials are contending with a “mirage of ‘excess ...
DES MOINES — Representatives for Iowa’s cities, counties, school districts and community colleges urged lawmakers Monday to delay for a year changing the property tax rollback rate for residential ...
In 2025, the passage of the 'One Big Beautiful Bill' (OBBB) has stirred discussions about its impact on Social Security taxation. While the legislation introduces a temporary tax relief, it does not ...
This guide will help you navigate the complexities of your tax return, including total and adjusted gross income to itemized deductions and tax credits. Taxes can be confusing, but understanding the ...
Across Connecticut, car tax bills are going out this week. But many drivers are getting a surprise. Some owe more, even though their vehicle is a year older – while others are seeing an unexpected ...
For millions of retirees, the arrival of a Social Security (SS) check is a welcome, predictable source of funds. Yet, the accompanying realization that the federal government often takes a significant ...
The IRS calculates your Social Security taxable income using provisional income. Your Social Security benefits are weighted less than the other parts of your income. Post-tax Roth retirement accounts ...