Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...
OK friends. Here’s why the Obamacare (Affordable Care Act) subsidies matter. In 2021, Congress increased the subsidies from four times federal poverty level to 8.5% of one’s income, as many ...
Trump’s One Big Beautiful Bill Act (OBBBA) specifically favors seniors, employees who earn tips and overtime and those with children. Here’s an example: Casey and Riley earn a combined income of ...
Swarthmore residents aren’t facing an earned income tax, at least for the time being. The borough last week agreed to table an unpopular proposal to implement an EIT after Swarthmore College agreed to ...
This is likely to be a rare bright spot in an otherwise gloomy year for the company. This is likely to be a rare bright spot in an otherwise gloomy year for the company. is transportation editor with ...
Have you heard about the 2025 tax and spending megabill that President Donald Trump signed into law on July 4? This new law (Public Law 119-21 and referred to by Trump as the “big, beautiful bill”) ...
If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...
The U.S. government shutdown is in its third week as funding bills have failed to garner the necessary votes from both Republicans and Democrats to reopen the government. At the center of this ...
President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax ...
With the start of the new federal fiscal year on Oct. 1 came the end of a tax credit school districts had been using to electrify their fleets of buses. The Biden-era Inflation Reduction Act allocated ...
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