Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

Social Security benefits are not taxed in Maine, representing a major benefit for retirees in the state. Medicare premiums ...

April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.

Pursuant to the enactment of Republic Act 12066, otherwise known as the Create More (Maximize Opportunities for ...

Under the tax reform proposal, the state would change to a flat income tax rate of 3.99% and use adjusted gross income to ...

A tax bill will set a flat 3.99% tax for all South Carolinians in 2026, but there are winners and losers in this new bill.

South Carolina might do away with a progressive income tax system altogether, replacing it with a regressive flat tax. Here's ...

The switch to adjusted gross income allows the state to compare apples to apples when comparing tax rates with neighboring states. South Carolina’s current 6.2% rate is higher than Georgia’s ...

Gov Henry McMaster, legislative leaders propose cutting 6.2% top tax rate to 3.99% and eliminate no-tax provision for poor that offsets high state sales tax.

Individuals opting for the New Tax Regime for FY 2025-26 will enjoy a tax-free income threshold of Rs 12 lakh. This change is ...

South Carolina’s new proposal for a flat income tax, H. 4216,  seems to be on the fast track for what is billed as a tax cut.

Topping up your pension ahead of the tax year end deadline can be a winning strategy all round if you can afford it, explain ...