RMD Deadline April 1: Five Tax Strategies to Manage Your 2025 Income
The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.
Group behind the millionaire’s tax now wants a billionaire corporations tax
An advocacy group claims the state is leaving hundreds of millions in taxable income on the table due to offshore corporate ...
Opinion
American Enterprise Institute2dOpinion
The Looming Debt Crisis, the Trump Tax Cuts, and Medicaid
Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...
‘Substantial tax savings:‘ 10 accountants reveal the tax credits and deductions Americans too often miss
“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...
Map Shows States Where People Usually See Highest Tax Refunds
IRS sends out millions of dollars in tax refunds each year for overpaid taxes, but the amount can vary based on several ...
Do IRS cuts mean you can make mistakes on your taxes in 2025? Some taxpayers think so.
Some taxpayers say they are not particularly worried about making mistakes on their taxes this year, given the widely ...
New talks over wording errors in historic tax cut will happen, MS Speaker said. Read details
House and Senate leadership both said on Monday that further negotiations over an already-passed income tax elimination will ...
The Commonwealth Fund5d
How Potential Federal Cuts to Medicaid and SNAP Could Trigger the Loss of a Million-Plus Jobs, Reduced Economic Activity, and Less State Revenue
Combined losses from proposed cuts to Medicaid and SNAP would reach $1.1 trillion over a decade, including a $95 billion loss ...
Richmond Times-Dispatch6d
Youngkin backs one-time tax rebates, urges $300 million in spending cuts
He backs bonuses for state workers and vetoes a local referendum requirement for a proposed historical horse racing gaming ...
GOBankingRates on MSN6d
What It Means for the Economy — and Your Wallet — If Trump Eliminates Income Taxes
When President Trump suggested that he was considering instituting a policy of tariffs that would lead to the elimination of ...
Tax refunds on average up 5.2% for much of 2025 tax season
The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.
Mississippi House passes Senate tax cut, but negotiations could still be on table
In an unprecedented move, the House voted to concur with a Senate tax cut plan, which seeks to eliminate the income tax, cut the grocery tax to 5% from 7%, raise the gas tax by nine cents over three ...