Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local tax payments.

Iowa’s tax code has been a focus for Iowa Gov. Kim Reynolds and state lawmakers over the last several legislative sessions.

Maryland Gov. Wes Moore introduced his $67.3 billion operating budget proposal for 2026 that he said is based on growing the ...

U.S., Arab and Israeli officials all tell CBS News that Israel and Hamas have agreed in principle to a ceasefire and ...

The proposed tax cut, which is expected to deliver nearly $1 billion in tax relief to more than 8.3 million residents, would ...

With Iowa’s 2025 state legislative session just days away, talk of cutting property taxes is all the rage. Republicans who run state government say it’s time to rein in property taxes, and this year ...

What does retirement look like if you had $2M or $15M? How different time horizons and levels of wealth help determine how ...

Most states still levy taxes on their residents at graduated rates, but not here. In fact, Arizona helped to kick off a mini ...

Municipal bonds are a smart choice for high income investors looking to reduce taxable income and increase fixed income with ...

The 19th spotlights what could potentially happen to the child tax credit once presidential-elect Donald Trump takes office.

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for ...