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Under current rules, salaried taxpayers must inform their employers of their choice between the old and new tax regimes at ...
April makes everyone think of taxes. After a detailed analysis of tax payments, it's clear the Trump tax cuts were a huge ...
A Republican proposal to impose a tax hike on millionaires offers to generate about $400 billion over a decade, according to ...
Last year, the IRS adjusted its tax brackets to avoid so-called “bracket creep.” Bracket creep is described as when inflation pushes taxpayers into a higher income tax bracket without an ...
A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all ...
US President Donald Trump has made extending the tax cuts introduced by the 2017 Tax Cuts and Jobs Act a top priority this ...
Republican lawmakers are concerned about how Delaware's proposed increases to income taxes will impact small businesses.
While tax rates have remained the same, ranging from 10% to 37% depending on an individual’s total taxable income, the IRS has announced new brackets with adjusted thresholds for tax year 2024.
It includes two new tax brackets, increases the standard deduction, phases out itemized deductions for those in higher tax ...
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! This story was supported by a statehouse coverage grant from the Corporation for ...
Delaware Gov. Matt Meyer has proposed changes to the state's income tax rates. During his budget presentation, Meyer proposed adding three new income brackets for the wealthiest Delawareans to tax ...