Understand key income tax deductions under the Income Tax Act, including Sections 80C, 80D, and 24(b). Learn how to lower your taxable income and save ...

Here are the states where income taxes will be cut starting on Jan. 1, 2025, based on the Tax Foundation's analysis.

Gov. Mike DeWine signed Ohio’s state budget late Monday, leaving in place a $1.1 billion flat income tax cut for those earning $100,000 or more.

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into 2025 and beyond.