Angelina County Commissioners held a public hearing on the proposed tax rate Tuesday and adopted an order setting it at $0.4829041 per $100 in taxable value. County Judge Keith Wright then suggested ...

When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will ...

The IRS Form 1040 is the primary document used by taxpayers in the United States to file their annual income tax returns. It serves as a comprehensive summary of your financial year, detailing all ...

There are no new credits or deductions available for this filing season. However, the IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and ...

The federal individual income tax has always featured a progressive rate schedule, with higher brackets for higher-income taxpayers. Although brackets work in a straightforward manner, a recent survey ...

The House version of the budget reconciliation bill includes a provision to raise the corporate income tax rate from 21 percent to 26.5 percent and reintroduce a progressive rate schedule. Under the ...