For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

The One Big Beautiful Bill Act is temporarily raising the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it's up to taxpayers to see if they can take ...

Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into ...

A budget deal brokered by Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature has cleared ...

Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature have reached a deal on a new two-year ...

Our tax code works best when it adequately funds the public services that make our society better without putting financial ...

The state's tax burden is driven largely by its sales and excise taxes, which alone account for 7.17 percent of residents' income - the highest in the nation.

Map: See your new sales tax rate by neighborhood Add your address below to see how much more you are paying in your city.

In addition, some states will have sales tax "holidays" to spur retail business. 1. Alaska Alaska is the most tax-friendly state in the country, with no sales or income tax.

Only a few U.S. states currently do not levy personal income taxes. Donald Trump, however, has floated the idea of eliminating income taxes for all Americans.

The Mississippi House has voted to eliminate the state’s income tax over ten years, while raising the sales tax and the gas tax for residents ...

Mississippi House leaders have unveiled a tax cut proposal that would eventually abolish the state income tax, slash taxes on groceries, increase local sales taxes and shore up funds for state and ...