You Searched For "state income tax" and got 17 results
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5 mins read
This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'
Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…
Hayley Cuccinello
2 mins read
Did you know about the only Indian state exempt from paying any income tax? Know all about it here
Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
2 mins read
Illinois is considering a 3% tax on millionaires to solve the state's skyrocketing property tax problem
A millionaires tax has helped other states tackle big problems. It helped Massachusetts provide fr…
Kenneth Niemeyer
2 mins read
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
ANI
3 mins read
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
2 mins read
Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%
He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…
PTI
3 mins read
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
1 min read
Here are the 10 states where the middle class pays the most in taxes and the 9 states where they pay no state income tax at all
For example, Tennessee (ranked No. 24), Texas (No. 21), and Washington (No. 5) are in the top half …
Cork Gaines
6 mins read
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
2 mins read
WiFi Money sued by Nebraska Attorney General over allegations of 'deceptive' passive income promises
WiFi Money made tens of millions of dollars selling investment opportunities on Instagram, but has …
Rob Price
4 mins read
Americans moving to Canada should be aware of these 4 tax and investment implications
Interest in moving to Canada has spiked among Americans. Financial advisor Tiffany Woodfield shares…
Christine Ji
3 mins read
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…
Graham Rapier
2 mins read
Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…
Allie Kelly
2 mins read
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
1 min read
Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips
The President-elect said in September that ditching taxes on overtime pay would give "people more o…
Huileng Tan
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…