See the most recently available median household income figures for all 50 states plus Washington, D.C., and Puerto Rico, as well as the U.S. average.

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...

Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

Nuveen Mortgage and Income Fund offers a 9.7% yield with monthly payouts but poses risks tied to interest rates and discounts ...

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for ...

Trump’s 2025 tax law slashes income rates, ends EV credits, and boosts deductions, while cutting social safety nets and ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year ...

The tax cuts President Trump just signed into law follow the pattern that Iowa has used to prosper, writes Congressman Zach ...