The IRS has announced the federal income tax brackets for 2026, incorporating inflation adjustments that shift thresholds for ...

The federal income tax formula calculates different rates for different portions of your taxable income. When incomes increase, tax rates rise, kicking in above certain levels—that’s the bracket. The ...

A new analysis into Chapter 62F outlines flaws in the formula used to calculate excess state revenues due back to taxpayers. With the distribution of nearly $3 billion in tax refunds to Bay Staters ...

The idea that those of us who have been more fortunate in life should feel more responsibility to contribute to the common good is losing favor in Minnesota. The latest evidence is in Gov. Tim ...