Republicans in the House and Senate are proposing competing budget plans to advance President Donald Trump's agenda, with the ...

Under the tax rules, amounts received for damage to property, including property insurance payments, are treated as sales ...

Generations of Saginaw leaders have opposed the caps. Generations of Saginaw voters have kept the caps in place.

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...

Michigan is a top choice for retirees. Enjoy low taxes, breathtaking scenery and abundant outdoor recreation.

The Union Budget 2025 has raised the income tax exemption limit to Rs 12 lakh, offering full tax relief up to this threshold.

There’s understandable confusion over Capitol Hill lingo discussing the budget process and appropriations/spending process — ...

President Donald Trump says he's announcing increases on U.S. tariffs to match the tax rates other countries charge on ...

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

Section 10 of the Income Tax Act, which previously outlined exemptions for various types of income, including agricultural income, partnership firm profits, family pensions, scholarships, interest on ...

On Today's episode of America, the EV tax credit is once again in the spotlight. Not only are lawmakers looking to end the $7 ...

Presidents Day weekend has historically been the busiest time of the year in the tax-filing season, the IRS said.