Summary: Section 270A of the Income Tax Act, introduced by the Finance Act, 2016 effective from Assessment Year 2017–18, deals with penalties for under-reporting and misreportin ...

Senate Enrolled Act 451 would further decrease Indiana's income tax rate starting in 2030. Thresholds for it to happen haven't been met in 20 years.

Governor Brian Kemp signs new legislation giving Georgians over $1B in Tax Cuts. House Bill 112 authorizes the delivery of ...

Tough decisions will have to be made. That much local government officials in St. Joseph County know as they’ve just started ...

Indiana's major property tax reform package is now law, as Gov. Mike Braun signed the measure Tuesday. In a statement on ...

Indiana’s revenue forecast projected a $2 billion shortfall for the next budget cycle, according to new data presented at the ...

Where federal tax brackets and rates will land next year depends whether Congress extends the 2017 tax cuts for individuals that expire at year-end. That law kept the former seven brackets ...

Indiana's SEA 1 law, endorsed by Rep. Baird, offers $1.3 billion in property tax relief and includes benefits for seniors, ...

INDIANAPOLIS — Northeast Indiana legislators supported Senate Enrolled Act 1, advancing a robust package of property tax relief for Hoosier homeowners and long-term reforms. SEA 1 has now been signed ...

You can make the process of filing your income taxes less painful and ... having to itemize what they're writing off. The Tax Cuts and Jobs Act of 2017 supersized the standard deduction ...

With a direct tax, you pay the tax to the entity that imposed it. Examples include income tax, real property tax, personal property tax, and taxes on assets, all of which are paid by an individual ...