News

Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...
Virginia’s annual combined sales tax holiday weekend is the first weekend in August. Consumers can get eligible hurricane ...
"SNAP is also a lifeline during an economic downturn. Every dollar that you spend in SNAP brings $1.50 to the local economy," ...
Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse off,' per a new analysis.
Income Tax Return (ITR) e-filing FY 2024-25: ITR filing may be relatively straightforward for salaried individuals, but what about gig workers and those who earn through freelancing?
If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving instruments -- you are recommended to opt for the old tax regime.
RICHMOND — Virginia is among the states whose coffers depend most on a state income tax, and a recent report links a decline in the growth rate of state income tax revenues to the rising ...
Schedule E is a tax form used to report rental property income and expenses. Here’s what you should know.
Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...
India-Business News: New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation.
Virginia Democrats propose $1 billion in tax rebates in lieu of Youngkin’s car tax plan Sen. Mamie Locke gives Sen. Louise Lucas a high five after Lucas was appointed to a committee in 2024.
Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.