As 2026 gets underway, high-income earners can still act on select 2025 tax strategies while planning ahead to reduce taxes, improve efficiency, and support long-term financial goals.
Proposed Virginia tax hikes would put it on par with other high-marginal income tax states including California and New York, says a new Tax Foundation analysis.
The Internal Revenue Service has released its new marginal tax rates for next year. For 2025, tax adjustments will generally apply to income tax returns to be filed starting in the 2026 tax season.
As of Jan. 1, 2025, 10 states changed their income tax codes. Nine of those states reduced their tax rates, and one no longer taxes earned income. Find out what that means for you. In 29 states and ...
Marginal relief offers a tax benefit for resident individuals in the new regime with income just over Rs 12 lakh. This provision ensures their tax payable doesn't exceed the income earned above the Rs ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. More than half of all state legislatures enacted income tax cuts ...
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