News

Barron's on MSN.com · 1d

Washington State Lawmakers Vote to Increase Taxes on Capital Gains, Business Income

The tax increases must still be approved by the governor. They are intended to boost revenue and make a big dent in a $16 billion budget deficit.
Newspoint on MSN.com · 5h

Income Tax: How much money can be deposited in the account, know what the law says..

There are many rules regarding transactions in bank accounts. There are also rules related to income tax and bank accounts. There are also rules regarding depositing money in a bank account and transactions.
TheStreet · 16d

Medicare IRMAA: What High-Income Retirees Need to Know

Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact. Discover strategies to lower your MAGI and avoid unexpected costs. Having a higher income,
Icon for www.providencejournal.comThe Providence Journal · 17d

Magaziner sounds the alarm on 'devastating' potential Medicaid cuts

Rhode Island Democrats are proposing a 3% income tax surcharge on earners above $625,000 to offset potential federal Medicaid cuts. Rep. Seth Magaziner is raising concerns about the impact of ...
Hartford Courant on MSN.com · 7d

CT Dems: Tax the rich more, give $150 child tax credit. GOP lawmaker says package makes him ‘sick’

Democratic lawmakers called Wednesday for a child tax credit that would be enacted for the first time in Connecticut history, but agreed with Gov. Ned Lamont on several key tax proposals as they
CNBC on MSN.com · 6d

Trump tariffs will hurt lower income Americans more than the rich, study says

Tariffs are expected to have more of a financial impact on poor households relative to consumers in the top 1%, according to a new study.
Hartford Courant · 14d

Some CT legislators call for more taxes on the rich. Will Lamont agree?

Gov. Ned Lamont has refused to increase taxes on Connecticut’s wealthiest. But many fear that his resolve could soon be tested as never before.
WTNH on MSN.com · 8d

State lawmakers advance tax proposals

With a partisan vote at the end of a long day of closed-door discussions, the committee of the state legislature responsible for writing Connecticut’s tax laws
The Economic Times on MSN.com · 14d

How much income tax you will save this year with New Tax Regime? 5 smart ways to use this tax saving

The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs. Many taxpayers will opt to pay tax under the new tax regime for the financial year 2025-26.
The Advocate · 7d

Dan Haar: Tax hike on the rich in Connecticut is a good thought, but a bad idea

Dan Haar is columnist and senior editor at Hearst Connecticut Media Group, writing about the intersection of business, public policy and politics and how the issues affect the people of Connecticut.
CT News Junkie · 7d

Committee Adds Capital Gains Tax, Child Credit to Budget Plan

Middle-class families would get a tax break under a revenue plan that cleared the Finance, Revenue and Bonding Committee Wednesday, while
Icon for www.auburn-reporter.comAuburn Reporter · 16d

Democrats in Washington Legislature reveal sweeping new tax plan

And there’s a surcharge on corporations with more than $250 million ... on the same day as this year’s deadline for individuals to file their federal income taxes. “This isn’t just bad timing; it’s bad governing,” he said in a statement.
The Seattle Times · 14d

WA Democrats back off wealth tax while pushing $12 billion tax increase

Moving away from a politically unpopular tax on the state's richest people, lawmakers float a different way to balance the state's budget.
Icon for www.livemint.comMint · 22d

Income tax calculator: How does it help you compute your payable tax? A user’s guide

X. Then you get income before tax rebate under section 87A. After deducting the rebate, you get tax after rebate. On this, you have to add a surcharge and health and education cess. XI.
KREM · 15d

Washington Gov. Ferguson reviewing last tax proposals

While state lawmakers propose a plan to address the $16 billion budget deficit, a local business leader says the taxes — and tariffs —will devastate businesses.
Icon for www.yakimaherald.comYakima Herald-Republic · 16d

WA Democrats introduce new tax proposals as clock ticks

Senate Bill 5815 proposes increases on business and occupation (B&O) tax rates for certain activities such as manufacturing, retail, child care and gambling. The proposal also creates an additional 0.5% B&O surcharge on taxpayers with taxable state income ...
Icon for www.stamfordadvocate.comStamfordAdvocate · 16d

Some Democrats in legislature want higher taxes on CT's wealthiest, say plan would raise $171M a year

HARTFORD — After years of trying to implement an investment surcharge on the ... "Those people in those income brackets are going to see a tremendous federal tax cut, which is what Trump is ...
Icon for www.yahoo.comYahoo · 8d

CT Democrats approve capital gains surcharge that CT Gov. Lamont opposes; touts tax credit at $150 per child for maximum of 3 children

Democrats who control the committee supported the surcharge as a method ... s proposal was expected to help 800,000 tax filers, officials said, as the income eligibility would increase, an issue ...
Icon for www.cryptopolitan.comcryptopolitan · 22d

Ukraine proposes 18% income tax on crypto earnings, exempting high-frequency trading

The new digital asset framework includes an 18% income tax plus a 5% military surcharge. Ukraine has released a stricter policy matrix on digital assets, based on an 18% income tax with 5% military surcharges. Some categories of crypto will have a ...
NewsX · 9d

Say Goodbye To Bank Queues: The Income Tax Department Unveils ‘E-Pay Tax’

The CBDT is calling this a big leap for digital governance, and we couldn’t agree more. It’s not just about upgrading technology; it’s about making taxes less of a headache. With ‘e-Pay Tax,’ the government is moving closer to the people,
Icon for www.healthline.comHealthline · 10d

What Is an IRMAA in Medicare?

The Social Security Administration (SSA) uses your income tax information from 2 years ago to determine if you owe an IRMAA in addition to your monthly premium. The surcharge amount you’ll pay ...