Taxes

Latest in Taxes

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.…

Minnesota 2026 Tax Brackets and Deductions: Rates by Filing Status

Minnesota has updated its 2026 tax brackets and deductions. Rates remain 5.35%–9.85%, but income thresholds have risen by 2.369%. New…

Traditional IRA Deduction Limits & Phaseouts 2025/2026

The American retirement savings landscape stands at a crossroads. For decades, the Traditional IRA served as the cornerstone of middle-class…

Ohio 2026 Tax Update: 0% to 2.75% Flat Nonbusiness Rate

Ohio will implement a 2.75% flat tax on nonbusiness income starting in 2026, with the first $26,050 exempt. This move…