That also varies depending on where you live and work. Here's a primer on income tax: what it is, how it works, how to calculate it and which states don't have it. Need a break? Play the USA ...

By understanding key income tax terms, taxpayers can file their returns accurately and avoid any notice from the Income Tax ...

"Individuals are always looking for a return on principal, and so tax-exempt interest is a very appealing item to individuals, especially those who live in zero-income-tax states," says Danny ...

Research consistently shows that many Americans misunderstand how their income is taxed, which experts say could help explain why many people are disgruntled with the U.S. tax system. About 55% of ...

Trump pledged to end tipped income being subject to federal income taxes. The pledge was popular, also being taken on by his opponent Kamala Harris. All cash and non-cash tips received by an ...

Secretary of Commerce Howard Lutnick recently announced on CBS News that the Trump administration wants to eliminate income taxes for those making $150,000 a year or less. Were that to happen ...

COLUMBIA — Statehouse Republicans who faced a massive backlash after introducing an income tax cut that actually increased taxes for most South Carolinians say they've fixed the problem with a ...

Zero-income tax Florida and Texas were the top two destinations for interstate movers, gaining 819,000 and 656,000 net residents respectively. Americans in the northeastern U.S. and the upper ...

House Ways and Means Chairman Bruce Bannister, R-Greenville, discusses an income tax reform proposal that would lead to bringing the tax rate to 3.99% from the top rate of 6.2%. Travis Bell ...

Let’s face it, doing your income taxes is not as much fun as it sounds. But the good news is that you don’t have to feel all alone. There are plenty of places that will help you do your taxes ...