The Idaho State Tax Commission recently released its latest annual tax burden study and the findings confirm that Idaho is on the right track for economic competitiveness. This outlook continues to ...

While Idaho, Montana, and Wyoming have been working to reduce their tax burdens, Washington is heading in the wrong direction ...

Lawmakers face a tough decision this year: hike the national debt to extend the Trump-era tax cuts or let them expire and watch Americans' taxes spike.

The Mississippi Senate passed a $326 million tax cut bill that would reduce income and grocery taxes while increasing the gas tax. The bill passed largely along party lines, with some Republicans ...

American expats considering retiring abroad must carefully plan their investment and tax strategies before moving so as to ...

With lawmakers working to make permanent key expiring tax cuts, it’s time to focus on commonsense policies that will strengthen America’s energy future.

Gov. Kim Reynolds and Republicans in the Iowa Legislature have spent years trying to lower taxes for Iowans. Changes have included efforts to lower and flatten the state's income tax rate and a ...

Since the COVID-19 pandemic hit five years ago, property values have fallen downtown, and that’s shifted a greater portion of Chicago’s tax burden away from the heart of the Loop and onto ...

Missouri residents donating to pregnancy resource centers that do not provide abortions could enjoy significant reductions in their state tax bill if ... want to shift the burden necessarily ...

Most Americans would flunk a basic tax literacy quiz. In fact, about 61% of those surveyed by TaxFoundation.org did not known or were unsure of even the most basic tax concepts with regards to ...

Thus, the burden of the audits fell on the servers who had underreported their tips by a negligible amount—all for inconsequential gain. Ending the tax on tips not only puts more money in the ...

Federal Insurance Contribution Act (FICA) Taxes are United States federal payroll taxes levied to fund the Social Security and Medicare system. FICA Taxes burdens are divided between employers and ...