Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Trump proposes replacing income tax with tariffs on foreign nations, aiming to protect US industries, reduce taxes on ...

President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

Trump once again hinted at the idea of eliminating the federal income tax and making up for lost revenues with tariffs.

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.