Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

The local income tax a Fishers resident pays does not actually go to the city of Fishers. Neither does the tax paid by a Carmel resident go to Carmel. At least not directly. Fadness Instead, all ...

Older Americans are about to get a targeted new tax break that makes it easier to shield Social Security benefits from federal income tax. A fresh "senior bonus" deduction of up to $6,000 per person ...

With the distribution of nearly $3 billion in tax refunds to Bay Staters now underway, a troubling new analysis into Chapter 62F claims Massachusetts officials are contending with a “mirage of ‘excess ...

Editor’s note: This story is part of an ongoing series about proposed changes in the state income tax formula. When Gov. J.B. Pritzker unveiled his plan for a graduated income tax, he said just 3% of ...