Illinois will impose the nation’s seventh-highest state and local tax burden on residents in 2025. Taxpayers on average will ...

The only time the financial status of the top 1% of Americans doesn't induce envy is during tax season. Not only does the top ...

Retirees in a handful of states may enjoy fatter wallets this year. In several places, state income taxes on Social Security ...

After reducing income tax rates and compressing the brackets in 2022, South Carolina is considering doing away with a ...

Alex Fitzpatrick/AxiosYour annual tax bill depends at least partly on where you live, with state income taxes varying from nonexistent all the way up to nearly 14% for some especially high earners.Why ...

Residents of the following states could owe state benefit taxes, but you could be exempt if you meet certain criteria.

State tax revenue volatility has increased in recent years, with significant fluctuations not only in total collections but ...

Realty Income Corporation's performance over the last 10 years does not justify investor enthusiasm today. Read why O stock ...

Tax credits such as the Earned Income Tax Credit provide benefits to specific groups of taxpayers. Federal income taxes are levied by the IRS while state income ... in the chart below: For the ...

Or you might assume that you need to hold on to every tax return and supporting document forever. Turns out, you do need to keep certain tax documents for a period of time in case the IRS or state ...

FreeTaxUSA supports tax forms other no-cost options don't — including those for itemized deductions, income from investments and HSA contributions. (Federal filing is free, while state returns ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...