The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Why now: Rep. Young Kim, who represents parts of northern Orange County in the 40th congressional district, co-introduced a ...

Economy minister Rafizi Ramli has dismissed a call by an MP from Kelantan to allow the PAS-led state government to collect taxes, suggesting it would not bring about the development it desired.

"If Kelantan were to collect its own taxes as incited by PAS, would that solve the state’s development issues? Would the KB Sentral bus terminal be completed? Would the water supply problem be ...

Only taxpayers who chose to file their own taxes — which they could initially choose to do or choose because they disagreed with their amount refunded or owed — or who had more complicated returns ...

Only taxpayers who chose to file their own taxes — which they could initially choose to do or choose because they disagreed with their amount refunded or owed — or who had more complicated ...

On a single night last week, officials in Buffalo Grove, Carol Stream, Des Plaines and Lake Zurich voted to adopt their own local grocery taxes, joining a growing list of others enacting the same ...

A (delighted) mainstream media several weeks ago started writing stories about a new Republican interest in raising taxes on “the rich”—namely hiking the top individual tax rate from 37% to ...

All taxpayers must answer this digital assets question on your tax return The "Yes" or "No" digital assets question listed on federal income tax returns must be answered correctly: "At any time ...

The 16th Amendment to the U.S. Constitution grants Congress the power to levy income taxes. It was ratified by states in 1913. Since then, most states have adopted their own income taxes.