Honesdale Borough Council to vote on earned income tax for 2026

Honesdale Borough Council is again considering adopting an earned income tax (EIT), having been strongly recommended by a ...
MoneyWeek on MSN

Over 1 million pay 45% rate of income tax as fiscal drag bites

John Clamp, fellow of the Personal Finance Society and chartered financial planner at Bowmore Financial Planning, said: “Both ...

Received income tax notice despite being a salaried taxpayer? Don’t panic; here’s how you can respond

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

New tax laws under Trump could let millions of Americans pay $0 in federal income tax — here’s who can eliminate their 2025 bill completely

Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...

House returns for vote to end the government shutdown after nearly 2 months away

WASHINGTON (AP) — House lawmakers made a long-awaited return to the nation’s capital on Wednesday after nearly eight weeks ...

Think You’re Earning Enough? Here’s the Average Income for Ages 45–54

Find out what the typical 45–54-year-old earns, how pay differs by education and homeownership, and why net worth may reveal ...
CNBC

Are you eligible for the new $6,000 senior tax deduction?

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...
Forbes

Will Mamdani’s Proposed Millionaire Tax Save Or Sink New York City?

An analysis of data from the IRS’s Statistics of Income program revealed that the number of tax returns that reported an adjusted gross income (AGI) of a million dollars or more in Massachusetts grew ...