Learn about qualified distributions from retirement accounts, IRS rules, tax implications, and how to maximize your tax benefits while avoiding penalties.

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.

New tax brackets released by the Internal Revenue Service mean that if you get a raise next year, there’s a chance your tax ...

ISLAMABAD: An Interna­t­ional Monetary Fund (IMF) staff mission on Wednesday concluded talks with Pakistani authorities on reviews of two lending programmes totalling $8.4 billion without announcing a ...

Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. I am elated to see that Bozeman will soon have community oversight on Tax Increment Financing.

Bloomberg Tax & Accounting released its annual report Thursday projecting U.S. tax rate brackets, standard deduction amounts, and alternative minimum tax exemption amounts for the year ahead. The ...

TONIGHT WITH WHAT COMES NEXT. THE CITY COUNCIL WENT INTO TODAY’S MEETING WITH THE INTENTION OF DECIDING ON WHETHER OR NOT THEY WERE GOING TO RELEASE MONTHLY TAX PAYMENTS TO THE SCHOOL EARLY, BUT IN ...

EMMAUS, Pa. – In an early budget presentation Monday night, East Penn School District's administrators presented a spending plan for the 2025-26 school year that calls for a 4% tax rate increase. The ...

The IRS said Thursday it will delay making changes to certain information returns or withholding tables, as part of its phased implementation of H.R. 1, P.L. 119-21, commonly known as the One Big ...

The city of Chicago has a massive $1.1 billion budget gap to fill for 2026, and with Mayor Brandon Johnson promising not to once again pitch a property tax hike – which the City Council unanimously ...

Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax. Johnson faces a daunting challenge as ...

Many restaurant workers will see some relief when they file their tax returns in 2026 as they will be able to exempt from taxation up to $25,000 of income made in tips. However, the tax break for ...