As inflation continues to strain household budgets, NYS Senator Patricia Fahy has reintroduced legislation aimed at expanding ...

Electricity rates soar as Albany’s green policies bite consumers.

This is going to hit homeowners and businesses, and I want them to be aware of this consequence,” Hochul said.

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Gillibrand, LaLota, Suozzi say lifting the $10,000 federal income tax cap on state and local tax deductions, or SALT, is the ...

Kathy Hochul’s Democratic rival is blasting Con Edison’s “outrageous” proposed rate hikes ... for joint tax filers making up to $300,000 per year. “At a time when New York is struggling ...

It’s a tax break that has survived time after time. By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler Michael J. de la Merced Lauren Hirsch and Edmund Lee Investment firms ...

Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: 10% to 37% for the 2024-2025 tax filing season, depending on your ...

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, an end to student loan repayment plans and a big hike in taxes on ...

Tweaking income tax rates in the new Income Tax law is unlikely as it is usually done through Finance Act which is part of the Union Budget presented in Parliament every year on February 1. All ...

Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).

One of the more popular pledges during the presidential campaign last year was Republican candidate Donald Trump’s plan to eliminate taxes on tips. It was such a hit that his Democratic rival ...