Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Tax season is here, and that could mean bigger refunds for many Americans after significant changes in the 2025 federal tax ...

Several federal tax changes take effect in 2026, including higher deductions, credits, and income thresholds. Here's how they ...

The proper size and role of the U.S. federal government has been an issue since the founding of the republic. Federal spending has grown as a share of the economy in response to war and other crises.

All individuals and corporate entities in the United States are subject to the same federal tax code. But each of the 50 states also has authority to set its own tax policy. As a result, some states ...

When their working days eventually come to an end, many retirees will think about the best place to spend their golden years. Not all states treat retirement income — such as pension payouts or ...