Missouri Republicans want income tax cuts. But services could be taxed instead under plan
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
Income tax slab for AY 2025-26: Which is better, the old tax regime or the new tax regime?
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...
Income tax cut expected to be a top priority as Kentucky lawmakers convene for a 30-day session
With supermajorities in both chambers, Republican legislators will set the agenda and determine the outcome of legislation ...
Number Of Flat And Zero Income Tax States Grows As 2025 Begins
The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...
3 Tax-Planning Numbers All Employees Should Know In 2025
January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are the ...
These 9 states are cutting income taxes on Jan. 1. Here's where taxpayers will get a break.
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.
Kentucky lawmakers advance bill to further lower income tax
The House Appropriations and Revenue Committee advanced House Bill 1, which will lower the individual income tax rate by ...
Not total déjà vu, but Kentuckians can expect another income tax cut
Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way ...
Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
Iowa's income tax rate is dropping on Jan. 1. Here's how much and what that means:
Iowans may begin to see some changes right away in 2025 as employers withhold less money from their paychecks to account for ...
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NBR doubles tax to 20% for refrigerator, AC and bike makers
The National Board of Revenue (NBR) has doubled the corporate income tax rate to 20 percent for manufacturers of freezers, refrigerators, motorcycles, air conditioners (ACs), and compressors, starting ...