The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...

Kentucky’s Republican-dominated legislature has convened to start a 30-day session that's expected to include action to ...

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...

The Kenya Revenue Authority has launched an investigation into political activist and INJECT Party leader Morara Kebaso over ...

Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...

India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...

Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way ...

North and South Carolinians are among the relatively small subset of Americans who are poised to see both their state and ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...