Taxes
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Michigan 2026 Income Tax: Flat 4.25% Rate and Deductions
Michigan will apply a 4.25% flat income tax rate in 2026. This straightforward system applies to residents and part-year residents,…
States That Won’t Tax Your 401(k) in 2026: 13 Destinations
In 2026, 13 states including Florida, Texas, and newly tax-exempt New Hampshire will not tax 401(k) distributions. This is vital…
2026 Gift Tax Exclusion: $19,000 per Recipient, $38,000 for Married Couples
The 2026 gift tax exclusion is set at $19,000 per recipient, or $38,000 for married couples. Gifts to non-citizen spouses…
Iowa 2026 Tax Rates: Flat 3.8% on All Taxable Income
Iowa is adopting a 3.8% flat income tax rate for 2026. Immigrant workers and international students must ensure accurate payroll…
Arizona 2026 Income Tax: Flat 2.5% Rate and Deadline
Arizona’s 2026 tax year features a consistent 2.5% flat rate. While the calculation is simple, taxpayers must correctly identify residency…
H-1B Retirement Strategy: 401(k), Roth IRA, and the Exit Tax Trap
If you're working in the United States on an H-1B visa, you've likely encountered a puzzling financial reality: every piece…
Maine 2026 State Income Tax Rates and Bracket Thresholds Explained
The 2026 Maine income tax structure utilizes three rates: 5.80%, 6.75%, and 7.15%. The state has adjusted bracket thresholds for…
EITC Amounts for 2026: Key Credits by Filing Status
The IRS has announced inflation-adjusted EITC amounts for 2026, with maximum credits between $664 and $8,231 depending on family size.…