Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will continue in 2025.
Mike Moyle proposes reducing income tax
BOISE — Idaho lawmakers will consider significantly reducing income taxes this year, resulting in an anticipated $253 million reduction in revenue — with more tax cuts on the way.
File income tax returns starting Jan. 27
Idaho is participating in the IRS Direct File program. An estimated 210,000 Idaho taxpayers will be eligible to use the free program, a press release said.
Another round of income tax cuts could be coming to Idahoans next year
House Speaker Mike Moyle (R-Star) is making good on his promise to cut taxes beyond the governor’s proposed $100 million during his state of the state address earlier this month.
Idaho Legislature introduces bill to reduce income taxes
Idaho House Speaker Mike Moyle unveiled a proposal to reduce income taxes Thursday, calling it the first of three major tax reduction bills coming forward this legislative session. On Thursday, the House Revenue and Tax voted to introduce Moyle’s new bill,
Idaho Republicans propose one of ‘biggest’ income tax cuts ever. How much would it be?
The Idaho House Republican leader previewed a slate of large tax cuts Idahoans could see this year, beginning with a potentially historic cut to individual and corporate income taxes. The cut would bring Idaho’s flat income tax rate to 5.
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Key tips as tax season begins January 27
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Income Tax Rules: Taxpayers should know these 5 key changes from the last 6 months that were introduced in Budget 2024
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Want more housing construction? Change this federal tax code provision, professor says
Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.
China 2024 fiscal revenue growth shrinks, non-tax income jumps
China's fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data ...
Simplifying Taxes: Is the Income-tax Act 2025 on the cards?
Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.
5 tax strategies for high-income earners
Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...
Income tax expectations from Budget 2025: Simplify income tax slabs, cut income tax rates, clarify residency laws, allow income tax refunds to overseas bank account
Changes introduced in the Union Budget 2024-25 indicate the Government's commitment to simplify the tax system, enhance ...