The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...

Tax cuts are generally welcomed by members of the middle class, many of whom feel that they are no longer experiencing the ...

CHARLESTON — West Virginia appears to be on track to end the current fiscal year at the end of June with $80 million in ...

A person's net investment income can play an important role in determining tax liabilities in a given year. In addition to paying taxes on profits from individual investment categories ...

The purpose of state corporate income taxes is to tax the profit, or net income, an incorporated business earns ...

Advance Tax means paying your income tax in installments throughout the year, rather than all at once at the end of the year. This is also known as pay as you earn tax because you pay as you receive ...

Further state income tax relief expected in March after a tax cut-filled February in statehouses across the country.

The net investment income tax (NIIT) has been around for more than a decade, but it’s not as well known as other federal levies on investment earnings. This leaves some taxpayers unaware of its ...

Philadelphia’s wage tax makes it even harder to succeed. At 3.75% for residents and 3.44% for nonresidents, it’s the biggest ...