The Latest Breaking News from Income Tax

Unlike the traditional calendar year, the tax year doesn’t run from January to December - instead, it always starts on April 6 and ends on April 5 the following year

Americans pay more than just income tax--there's payroll taxes, property taxes, capital gains taxes, sales taxes and excise taxes. Here are all 50 states ranked by total tax burden.

There are still a few moves you can make to maximize your federal income tax refund.

People can expect to see changes to benefit payments, income tax, council tax, wages and mobile bills amongst other things

A step-by-step guide on how to complete an income tax return application has been created

LANSING, Mich. — The Democratic majorities in the House and Senate in their first three months of session have ditched a right-to-work law, revived the prevailing wage for state construction projects, scrapped an abortion ban, boosted low-income tax credits and cut taxes on residents receiving pensions.

"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."

Interest rates are an inherently blunt tool — they come with unfortunate and imprecise time lags. But they remain our best device for bringing inflation down, contributing to economic stability and ultimately prosperity.

Kensington now pays more income tax than the whole of Northern Ireland