Tax refunds on average up 5.2% for much of 2025 tax season
Tax refunds are solid. The average tax refund was $3,271 for federal refunds issued through March 14. That average is up 5.2% from what taxpayers saw last year through March 15, 2024.
Maximizing Retirement: Seven Types of Tax-Free Income in 2025
By diversifying your retirement income sources to include some of these tax-free options, you can potentially lower your ...
Arch Manning's $6.5 Million NIL Valuation Includes A Big Tax Advantage
NIL income has significant tax consequences, and many states are using their tax law to maximize NIL’s effectiveness for their public universities.
It's True: These 13 States Don't Tax Retirement Income
Next up is a big list: the 41 states -- along with Washington, D.C. -- that don't tax Social Security benefits. If you expect much of your retirement income to come from these benefits, you'll be ...
Michigan lawmakers consider proposal to lower state income tax rate
A state income tax cut proposal is moving through the Michigan statehouse, seeking to set rate at 2023's amount.
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Income Tax Calculations: Is your annual income Rs 12,95,000? Will you be taxed on Rs 20,000, or Rs 12,95,000?
New Tax Regime Tax Calculations: Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for salaried-class individuals. But if their income ...