A new Mississippi law gets rid of the state income tax. Do you still file taxes? What we know about the changes and how to ...

If all benchmarks are met, Mississippi could become income-tax free by 2040. The plan also includes a sales tax cut on groceries and a hike in gas taxes.

The law also reduces the sales tax on groceries and raises the gasoline tax. If cash reserves are fully funded and revenue triggers are met each year, Mississippi's income tax could be gone by 2040.

Taxpayers receive IRS Form 1099-INT for any investment interest they earn during the tax year. The reporting of tax-exempt interest is in box 8 of the 1099 form. This information is only for data ...

The tax exemption, which applies to packages valued at $800 or less, has helped China-founded e-commerce companies like Shein and Temu to thrive while cutting into the U.S. retail market.

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A worker loads boxes of goods from a truck outside ...

President Donald Trump is ending a little-known but widely used exemption that has allowed as many as 4 million low-value parcels — most of them originating in China — to arrive in the U.S. every day ...

Rep. Joe Hogan, R-Penndel, recently announced a package of bills that would exempt certain items from sales tax. The items would include school supplies, cribs and crib mattresses; strollers, car ...

A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 ...

(The Center Square) - Los Angeles County adopted a $1 billion sales tax increase to use on homelessness spending ... which generally takes the form of rent vouchers. Three percent would go toward ...