With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of ...

JEFFERSON CITY, Mo. — Nine states across the United States have already eliminated their state income tax. Now, Missouri lawmakers are laying the groundwork to make the Show Me State number ten with ...

Illustration: Demetrius Robinson / The Athletic, with photos by iStock and Carmen Mandato / Getty Images Five million dollars is a lot of money. But $5 million in New York or Toronto is not the same ...

Want to file your 2025 federal income taxes early as possible? Jackson Hewitt advises you take that approach, as more than 31% of tax filers admit to procrastinate filing taxes, according to ...

The new Labour Code that was incorporated into the existing labour law on November 21, 2025, requires that wages must now be 50% of the CTC (cost to company). This means if your basic pay was on the ...

This article originally appeared on PolitiFact.com.President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...

This article originally appeared on PolitiFact. President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But ...

President Donald Trump has long praised tariffs as key to increasing wealth in the United States, idealizing Gilded Age policies that preceded the implementation of a modern federal income tax. Among ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...