Big Beautiful Bill affects personal injury plaintiff firms. The double tax is now permanent, but there's no litigation ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The Income Tax department has clarified that no change in Long-Term Capital Gains (LTCG) tax rate for individuals has been ...

Mississippi Mississippi, which also has a Republican legislature and governor, will reduce its individual income tax rate to 4.4% on Jan. 1, down from 4.7% in 2024.

“If you make $66,000 or less, we can typically assist you with tax preparation,” she said. “We do federal and state tax returns. We also do some prior year tax returns as well.

Louisiana HB 341 proposes reducing the state individual income tax from 3% to 2.75%. The bill also aims to eliminate the motion picture production tax credit program starting July 1, 2024.

Cutting the state's top individual income tax rate from 4.7% to 4.4%, effective Jan. 1, 2024, is projected by the finance department to reduce state general revenue by $75 million in fiscal 2024 ...