Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally ...

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...

Draft Income Tax Rules 2026 propose higher HRA benefits for four cities and raise tax-free limits on meals, gifts and employee loans.

A severance tax is imposed by states on extracting non-renewable resources, like oil and gas, for external consumption. It ...

House Republicans on the Ways and Means Committee and the Congressional FFA Caucus also demanded documents from National FFA about its Syngenta partnership.

Puerto Rico’s residents don’t pay U.S. income taxes on income sourced to the island. That, and a special tax break for ...

Learn about Canada's rules for designating a principal private residence, tax exemptions, and the conditions that homeowners ...

House Republicans on the Ways and Means Committee and the Congressional FFA Caucus also demanded documents from National FFA about its Syngenta partnership. The post GOP lawmakers go after National ...

The Big Rapids City Commission adopted a resolution establishing income and asset levels for poverty exemptions to the 2026 ...

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