While the regular tax filing deadline is April 15, those living and working outside the U.S. receive a two-month extension and can file by June 16.

Judson Gee, Managing Partner of JHG Financial, has built a reputation as an expert in tax mitigation, specializing in strategies that help business owners and high-net-worth individuals retain more of their wealth while remaining compliant with tax regulations.

He was the best.” The home — where Cheryl Johnson, 83, now lives with her cat, Jojo — is now valued at more than $400,000, and the annual increases in property tax have stretched her budget, especially since her husband died in 2013.

Kitson called for closing the “water’s edge loophole,” which enables corporations the option to avoid about $3 billion in state taxes by shifting profits overseas. Instead of the 8.84% flat corporate tax paid by most companies, she wants a graduated tax similar to the income tax. If she got her way, many businesses will just leave.

Republican President Donald Trump has called for the elimination of federal income taxes on tips for service workers.

President Trump wants to increase the country’s domestic manufacturing base and is using the threat of increased tariffs to force companies to build factories here instead of abroad.

A bill providing income tax credits for private and public-school related expenses has made it through its first floor vote.

Under the proposal, in 2026, middle income South Carolinians will bear the brunt of that increase. The majority of residents who make between $20,001 and $150,000, representing more than 60% total tax filers, could expect an increase in their tax liability as the state shifts to a 3.99% flat tax next year.

What would your life look like if you didn’t have to pay income tax simply because you’re a mother of two or more children? That’s not a theoretical question in Hungary—it’s policy. Since 2020, Hungary has granted a full personal income tax exemption to mothers raising four or more children.

Martin Lewis has explained the 'thorny, complicated subject' of HMRC Income Tax in a new post on his X account. The Money Saving Expert founder has tweeted a new video, discussing personal allowances and income tax bands and brackets, ahead of the new tax year this weekend.