Do these 5 things by Dec. 31 to cut your tax bill
It may seem too early to start thinking about your tax return, but procrastination could cost you thousands of dollars. Here are a few simple maneuvers that could save you a bundle on your taxes —...
Georgia governor wants to slash state tax windfall
ATLANTA (AP) — When Congress overhauled the federal tax code two months ago, Georgia officials didn't initially realize how much extra money taxpayers would be giving the state.
Now, with the governor's office estimating that the state will collect an additional $4.7 billion across business and personal taxes over the next five years, lawmakers are debating what to do with the extra funds.
GOP shoves tax overhaul ahead; shutdown still a threat
WASHINGTON (AP) — Republicans held together and shoved their signature tax overhaul a crucial step ahead Tuesday as wavering GOP senators showed a growing openness. But its fate remained uncertain, and a planned White House summit aimed at averting a government shutdown was derailed when President Donald Trump savaged top Democrats and declared on Twitter, "I don't see a deal!"
House OKs GOP Tax Bill in Trump Win
Divorcees warily eye GOP plan to cut alimony tax deduction
HARTFORD, Conn. (AP) — For over a decade, Charles Crenshaw has been paying his ex-wife tens of thousands of dollars annually in alimony. The now-retired engineer is hoping to renegotiate the agreement for lower payments, but he's waiting first to see what comes of a tax reform proposal in Congress.
Under a House Republican tax plan that would eliminate the deduction for alimony payments, the 73-year-old resident of Bloomfield, Connecticut, says he could lose thousands of dollars.
Big GOP tax bill would cut rates _ but also popular breaks
WASHINGTON (AP) — With fanfare and a White House kickoff, House Republicans unfurled a broad tax-overhaul plan Thursday that would touch virtually all Americans and the economy's every corner, mingling sharply lower rates for corporations and reduced personal taxes for many with fewer deductions for home-buyers and families with steep medical bills.