SUMTER, S.C. — On November 5th, voters in Sumter approved a 1 percent capital projects sales ta x, commonly know as a penny tax. Right now, 30 projects are currently on the agenda to be funding by the ...

District 87: Mike Caruso (R) keeps seat in race against Sienna Osta (D) In a rematch in the race for Florida House District ...

Most married couples file a joint income tax return. But there are some cases in which choosing the married filing separately option may be better. There are several tax breaks that married ...

Texas state tax has pros and cons. The statewide sales tax rate of 6.25% is a bit high, and localities can add 2%. Property taxes in Texas are also on the high end but were recently lowered for many.

If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased.

ALTHOUGH THIS TAX BREAK WOULD PROVIDE EACH HOMEOWNER MAYBE A 10 OR $20 ON AVERAGE BREAK, IT’S GOING TO COST COUNTIES AND CITIES ACROSS FLORIDA MILLIONS OF DOLLARS OVER THE YEARS. AND THAT WILL ...

PeopleImages / Getty Images The term “tax break” refers to a benefit offered by the government that reduces your total tax liability. Tax breaks are made possible by tax laws and typically ...

Each state has its own tax laws regarding deductions and credits. Some states, such as Florida and Alaska, have no state income tax at all. All Canadian provinces and territories, by contrast ...

Do I always have to pay tax on my income? Tax-free allowances reduce the amount of tax you have to pay on income you receive. There are two types: Allowances – allow you to earn a certain amount of ...

Keir Starmer and Rachel Reeves promised no tax rises on working people, and sometimes said that no additional tax rises were needed to fund the plans in their manifesto. Within days of the ...

When looking at where property-tax payments have grown the most from prepandemic times, look at Florida first, according to a new analysis from real-estate brokerage Redfin RDFN.

Florida is home to three of the five U.S. metro areas that have experienced the highest hike in property taxes in the past five years.