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 ...

Tax refunds are likely going to be supersized in 2026 because of the One Big Beautiful Bill Act, which made major reforms to ...

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 ...

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 ...

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

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 ...