Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

The thresholds at which Social Security benefits are taxed aren't indexed to inflation. A growing number of retirees are taxed on these benefits. Your provisional income will determine if you'll pay ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...

If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...

Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice gesture, he doesn't think saving money will be necessary with "universal high income" ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

President Donald Trump believes that the federal income tax will be abolished in the near future and replaced entirely by tariffs. Trump made the bold claim about an income tax-free America during ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

Defining yourself within the American middle classes can be tricky. Your social class is based on more than just your salary; it depends on everything from where you live to how you live. In the U.S., ...

Pennsylvania Governor Josh Shapiro signed a $50.1 billion state budget on Wednesday, which introduces a new earned income tax credit that will provide nearly $193 million in tax relief for working ...