Federal income tax applies to most people who earn income in the U.S., but the tax code includes limited exceptions. Whether ...

In an effort to combat shortages, Nebraska's Margo Juarez has introduced a state bill which would exempt teachers from income tax.

As Americans continue to toil with their 2004 tax return, the question of tax-exempt income often arises. When establishing a comprehensive tax planning strategy, one of the first steps is to ...