Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...

The Internal Revenue Service last month released its annual inflation adjustments for tax year 2026, raising federal income ...

Angelina County Commissioners held a public hearing on the proposed tax rate Tuesday and adopted an order setting it at $0.4829041 per $100 in taxable value. County Judge Keith Wright then suggested ...

NORRISTOWN — Norristown’s 2026 proposed budget and tax rate were up for a vote at Tuesday night’s meeting, but council ...

The House version of the budget reconciliation bill includes a provision to raise the corporate income tax rate from 21 percent to 26.5 percent and reintroduce a progressive rate schedule. Under the ...

The federal individual income tax has always featured a progressive rate schedule, with higher brackets for higher-income taxpayers. Although brackets work in a straightforward manner, a recent survey ...