Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Bolstered by increased sales and use and individual income tax collections, Arkansas state government's general revenue collections in March increased by $21.3 million, or 3.2%, over a year ago, to ...

Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the Tax ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 trillion in spending. This is nearly as large as the $2.43 trillion/year in ...

Earlier this year, a bill was signed into law to lower Kentucky's individual income tax by half a percentage point.That lower rate starts right at the beginning of 2026.The rate is currently at 4%, ...

The Arkansas House of Representatives and Senate on Tuesday handily approved identical bills that would trim the state's top individual income tax rate from 4.4% to 3.9% and the state's top corporate ...

President Trump is floating an idea that could appeal to millions of budget-strained households: using tariff revenue to reduce, or even eliminate, the federal individual income tax. But tax experts ...

“Improving net worth comes down to two core principles: increasing your assets and reducing your liabilities. Save regularly, invest for long-term growth, and focus on paying off debt efficiently.