Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

The federal income tax formula calculates different rates for different portions of your taxable income. When incomes increase, tax rates rise, kicking in above certain levels—that’s the bracket. The ...

With the distribution of nearly $3 billion in tax refunds to Bay Staters now underway, a troubling new analysis into Chapter 62F claims Massachusetts officials are contending with a “mirage of ‘excess ...

Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

Lawmakers passed a flat income tax trigger law in 2025, but Kansas failed to meet the conditions to trigger a tax cut in the law's first year.

Editor’s note: This story is part of an ongoing series about proposed changes in the state income tax formula. When Gov. J.B. Pritzker unveiled his plan for a graduated income tax, he said just 3% of ...