Washington levies an income tax on investment income and capital gains for high earners. While not paying a state individual income tax may sound great to taxpayers, these states make up the lost ...

Taxpayers have just over a month to claim refunds and credits before they are gone forever, the IRS is warning.

corporate income taxes and excise taxes. Researchers use federal revenue and spending data to better understand the gaps in each state’s balance of payments with the Federal government. Policymakers ...

While campaigning for the presidency, Donald Trump suggested abolishing the United States income tax in favor of an "all tariff policy." Despite the fact that many economists and policy experts ...

you could also face state income taxes on Social Security benefits. Fortunately, the list of states that tax Social Security is shrinking, and only nine will do so in 2025. “The list of states ...

Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...