When retiring early, married couples can use this little-known (and legitimate) strategy to take a six-figure income every ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Trump’s ‘One Big Beautiful Bill Act’ seeks to make the 2017 tax cuts permanent, but the impact differs by income level. Learn ...

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

The Oklahoma Supreme Court upheld a decision by the Oklahoma Tax Commission today and found that Muscogee Nation citizen ...

State lawmakers understand that income tax hikes are wildly unpopular, a reality underscored by widespread rejection of Gov. JB Pritzker’s graduated income tax hike proposal at the ballot box in 2020.

Business organizations met ahead of Friday's Board of State Canvassers meeting to address concerns with two proposals which ...

Business groups say two 2026 ballot drives on a graduated income tax and a referendum on a minimum wage law would kill jobs ...

Public Act 1 phases in an increase in the tipped wage for servers and bartenders, now 38% of the general minimum wage, until ...

On this episode of Retirement Report, host Hank Parrott is joined by tax expert Dr. Friday Burke to discuss taxes on your retirement income. Click here for more information about Dr. Friday ...

How would changes to no tax on tips and overtime impact Ohio workers? The Senate version of the budget bill would seek a more limited tax cut for tips earned and overtime pay, USA TODAY reports.

However, if one spouse claims REPS, you can deduct $150,000 from your $250,0000 income, meaning you'll only be taxed on $100,000, which can result in a significant difference in tax liability.