Big Beautiful Bill Act, passed by Congress and expected to be signed by President Donald Trump on Friday, will bring several changes to your income tax ...

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

Taxpayers won’t have many complaints about the retroactive tax cuts that took effect this week, but the retroactive tax hikes ...

Other new state laws include changes to income tax, vehicle emissions, cannabis, wagering, abortion funding and solar siting.

Maryland ties for fourth among 50 states in terms of the financial benefits average families would see if Congress passes President Donald Trump’s tax bill, according to a White House news ...

401 (k) and IRA distributions: Partially taxable Louisiana Louisiana reduced its income tax rate to a flat 3% starting in 2025, replacing a tiered system with rates ranging from 1.85% to 4.25%.

Maryland could expand the new capital gains tax for high-income households to include other forms of passive investment income such as interest and dividends. Bracket recapture. Maryland could ...

ROCKVILLE, Md. (7News) — The Montgomery County Council will introduce a resolution on Tuesday to change the income tax rate. Legislation just passed by the Maryland General Assembly now allows ...

The budget raises income taxes on the state’s higher earners, extends the sales tax to certain technology services and introduces a $5 tire fee. It includes two new tax brackets, increases the ...

The budget includes two new tax brackets for high-income residents, one for people who make over $500,000 annually and another for those with more than $1 million in annual income.

The budget includes two new tax brackets for high-income residents, one for people who make over $500,000 annually and another for those with more than $1 million in annual income. Budget ...