Economists have been skeptical of whether revenue from tariffs could actually offset income tax for Americans, despite President Donald Trump repeatedly saying it will.

About 30 years ago, I survived a head-on car wreck. It was not my fault. I was put on 100% disability and I have not worked since. Now, at age 68, I got a job offer to work three days a week ...

Hochul and state lawmakers have the opportunity to enact a sales tax reform that would make New York more affordable for ...

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Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...

As states across the country drafted bills to exempt NIL dollars from state income tax, one is now signed into law. Arkansas ...

A bill that exempted National Guard duty pay from income tax now carries a $1.7 billion price tag for tax rate cuts extending ...

The tax break, which took effect a decade ago, excludes companies’ first $100,000 in revenue from being taxed under ...

Most people intuitively expect that eliminating a tax exemption would automatically increase tax collections. However, the ...

Congressional representatives are seeking to protect the freedom of tax-exempt charitable groups by filing the Safeguarding Charity Act. The bill would reaffirm that a tax-exempt status is not ...

The good news is that most Social Security recipients won't pay any state income tax on their benefits, because 41 states and Washington, D.C. have eliminated their tax. The not-so-good news is that ...

Although America's approximately 3,000 nonprofit hospitals are required by law to provide free or discounted medical care to those who cannot afford it, a CBS News investigation found hundreds of ...