Property taxes around the U.S. have long been a lightning rod for debate, with political leaders perpetually balancing the need to fund their budget priorities against the risk of alienating ...

The new senior tax deduction is worth up to $6,000 for single adults and $12,000 for married couples. This reduces your taxable income for the year, potentially resulting in greater tax savings. It's ...

California’s plan to hit its richest residents with a one-off wealth tax is a long shot, and its design has problems. But a look at who picks up the tab when billionaires scrimp on taxes, and how ...

Mayor Zohran Mamdani said his proposal to raise New York City property taxes was a “last resort” to close a budget gap. By Sally Goldenberg and Grace Ashford Sally Goldenberg reported from New York, ...

Mayor Zohran Mamdani has now proposed two options that called for raising taxes. Here’s a look at each proposal and the rationale and chances for each. By Sally Goldenberg Dana Rubinstein and Grace ...

Believe it or not, it's possible to prepare and file your income taxes without spending a dime. We've reviewed the leading online tax services to help you find the top free options. I write about ...

Want a lower income-tax bill? Check whether you’re one of millions of Americans who are paying billions of dollars in late-tax penalties to Uncle Sam. If so, there are moves you can make to avoid or ...

Social Security benefits make a big difference in the wallets of many Americans. But these extra dollars can be a double-edged sword: While the additional dollars may close the gap on affordability ...

The Social Security Fairness Act signed at the beginning of 2025 is now unfair, at least when it comes to taxes, according to some representatives in Congress. Those income spikes last year likely ...

A proposed constitutional amendment moving through the Kentucky Legislature could create a new property tax exemption for homeowners aged 65 and older, in a move that lawmakers hope will offer relief ...

The Florida House voted 80-30 to pass HJR 203, a proposal to eliminate most property taxes. HJR 203 would exempt all non-school property taxes on homestead properties over 10 years. It includes ...

New York City Mayor Zohran Mamdani is calling for the Empire State to hike taxes on corporations and wealthy individuals in order to address the Big Apple's budget deficit, warning that the ...