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Bill to lower Kentucky’s income tax again clears 1st hurdle
10 States Making Big Changes to Income Tax Rates in 2025
Nine states reduced their tax rates effective Jan. 1, 2025, and one eliminated its income tax. Find out if you live in one of the states making big changes.
Bill to lower Kentucky’s income tax again clears first hurdle
Leaders in Kentucky’s General Assembly aim to eliminate the state income tax. Three years ago, they passed House Bill 8, a formula of financial triggers that, when met, would sl
Kentucky House votes 90-7 to lower state’s individual income tax rate
The Kentucky House voted 90-7 to lower the state’s individual income tax rate on Thursday. Republicans delivered on a top priority just three days into this year’s 30-day legislative session as they moved on House Bill 1.
Income tax cut clears Kentucky House on bipartisan vote
Republicans in the Kentucky House easily advanced a bill to cut the state’s individual income tax furthering their goal of eventually ending it.
Plan to lower Kentucky's income tax advances with bipartisan support — and some caution
In a 90-7 vote, the Kentucky state House voted Thursday to advance a bill that would cut the state income tax rate from 4% to 3.5%.
3h
on MSN
New Tax Brackets in 2025 Could Impact Your Paycheck—Here's What to Expect
Taxpayers are starting to see the effects of the new federal income tax brackets for 2025 in their first paychecks of the ...
22h
It’s Not Too Soon To Protect Yourself From Income Tax Identity Theft
The year 2024 has not quite come to a close and many people may not yet be thinking about filing their 2024 income tax return ...
3h
Selling your Detroit Lions tickets at super-sized prices? Expect a 1099-K and a tax bill
New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...
3h
on MSN
What’s most likely to be in the Trump tax cut legislation
Many key portions of President-elect Donald Trump’s signature legislation are set to expire in 2026, so Republicans have made ...
2d
Tax bracket changes could mean your paycheck is slightly bigger in 2025 — here's what to know
The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.
14h
Kentucky House votes to reduce the individual income tax rate, a top GOP priority
The Kentucky House has voted to reduce the individual income tax rate, as Republicans deliver on a top priority three days ...
9d
Number Of Flat And Zero Income Tax States Grows As 2025 Begins
The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...
2d
on MSN
Missouri Republicans want income tax cuts. But services could be taxed instead under plan
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
CNET on MSN
3h
Did You Earn Money on PayPal, Venmo or Cash App Last Year? Watch for This Tax Form
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
4h
on MSN
When is Tax Day 2025? All about deductions, income brackets, credits and deadlines
Here are the tax brackets for 2024, which are the taxes you pay in 2025. Income tax is progressive: the more you earn, the more you pay as a percentage of your earnings. Each bracket represents a ...
2d
on MSN
Income tax cut expected to be a top priority as Kentucky lawmakers convene for a 30-day session
Kentucky’s Republican-dominated legislature has convened to start a 30-day session that's expected to include action to ...
8h
Income Tax Officers Raid Ex-BJP MLA, Find Crocodiles At His Home
Not just successful, a raid at the house of a former legislator in Madhya Pradesh has turned out to be rather amusing for the ...
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