Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial ...
For some fortunate workers, a good year for your employer means a bonus is coming. That can be exciting news since some companies are cutting budgets, laying off workers, or scrapping bonus pay or ...
New tax brackets recently released by the Internal Revenue Service mean that if you get a raise next year, there’s a chance ...
A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...
The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn't mean they're ...
Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.
The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...
Many workers face a familiar fork in the road this year: pretax or Roth 401(k). What sounds simple can shape lifetime taxes. A lesser-known calculation, the break-even tax rate, is emerging as a ...
The Jacksonville City Council initially rejected a property tax rate cut in a 10-8 vote. A revote on the proposed 1.1% tax rate cut is scheduled for the council's next meeting. The outcome of the ...
As summer fades, the housing market is shifting too—and this time, the momentum may be tilting toward buyers. For the first time in years, conditions are aligning to give first-time homebuyers a ...
Mayor John Whitmire on Wednesday will propose a plan to keep the city’s tax rate as-is despite a growing and urgent need for more revenue. If passed as written, residents will keep on paying around 52 ...
With the passage of Trump's signature tax and spending bill in July, a lot is poised to change tax-wise in the coming year. Among the bill's provisions was making permanent the tax brackets instituted ...