Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois.

Individuals and families with low to moderate incomes can use the Earned Income Credit (EIC) Table for 2023 and 2024 to maximize their tax savings. TRAVERSE CITY, MI ...

A proposal that would reduce the state's top individual income tax rate from 5.9% to 5.5% and consolidate the lower- and middle-income tax tables would provide slightly more relief over the next 10 ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. The Internal Revenue Service (IRS) has updated the income-tax withholding tables for 2018 to reflect changes made by the new tax law. The ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term ...

It's useful to know as early as possible how much in taxes you can expect to owe, and the tax tables that the Internal Revenue Service produces are what the vast majority of taxpayers use to figure ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. The Internal Revenue Service (IRS) has announced the annual inflation adjustments for a number of tax-related provisions for 2018, ...

In Rev. Proc. 2018-18, the IRS announced the new lower tax brackets for 2018 and a number of other new items affected by P.L. 115-97, known as the Tax Cuts and Jobs Act. It also issued ...