FILE - Georgia Republican Lt. Gov. Burt Jones speaks at a rally kicking off his 2026 campaign for governor, Aug. 26, 2025, in Flovilla, Ga. (AP Photo/Jeff Amy, File) FILE - Georgia Republican Lt. Gov.

ATLANTA (AP) — Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without ...

At the heart of the proposal is a plan to gradually reduce tax and value-added tax (VAT) rates, with a long-term goal of lowering corporate and income tax to 19% and VAT to 10%.

In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve ...

EXETER TWP., Pa. – At Monday night's meeting of the Exeter Township Board of Supervisors, Kristina Kerper, finance director, presented the 2024 financial review. Overall, the township made out well.

Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the tangible assets they purchase as business expenses. Microsoft Excel ...

When: Akron Borough Council meeting, Dec. 15. What happened: In a 5-2 vote, council approved the 2026 budget. Council members Kleon Zimmerman and Paul Swangren Jr. cast the dissenting votes. As part ...

The move is expected to significantly reduce hassles that importers have faced for years in claiming tax credits on advance income tax paid at the import stage ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Income tax is a government-levied tax on income generated by individuals and businesses. Taxes are used to fund public services, government obligations, and infrastructure like schools and roads.