Retirement often evokes images of leisure, but sadly, we must also consider tax planning. And while federal taxes usually dominate the conversation, state taxes, which can significantly impact ...
Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees. Thirty-eight states don't tax Social Security income. Thirty-seven states don’t tax most ...
The federal estate tax exemption for 2025 is set at $13.99 million per person. This exemption allows individuals to transfer a substantial portion of their estate to heirs without incurring federal ...
In 2019, the largest inheritance was over $700,000, while 90% of people received about $10,000 to $50,000, according to the ...
The Pennsylvania Property Tax/Rent Rebate program provides highly beneficial housing cost relief to Pennsylvania seniors and disabled residents with a maximum of $1,000 of yearly relief. This is an ...
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HARRISBURG, Pa. – Two Pennsylvania lawmakers are proposing a constitutional amendment to eliminate school property taxes, but voters will ultimately have the final say. State Sen. Chris Gebhard (R-48) ...
A Pennsylvania state lawmaker said he wants to introduce legislation that would provide taxpayers a $1,000 tax credit to cover the costs of gym and health club memberships. Video above: Top stories, ...
HARRISBURG, Pa. — A proposed bill in the Pennsylvania House is drawing mixed reactions across the region. The legislation would eliminate school property taxes but raise sales and income taxes to make ...
Moving to another state to avoid income taxes can feel like solving one problem only to discover another. While you may avoid one type of tax, you may encounter others in unexpected places. But these ...
If something substantial isn’t done to help the state’s financial picture in the next legislative session, Gov. Jim Pillen said, the result will not be good for Nebraskans. In an appearance Wednesday ...