Taxes

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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…

Oregon 2026 Income Tax Brackets and Local Multnomah Taxes Explained

New Oregon arrivals must navigate state income tax brackets ranging from 4.75% to 9.9%. Key tasks include confirming residency, selecting…

Utah 2026 Income Tax: Flat Rate Discussed, Pending Updates

Utah applies a flat income tax rate, recently reduced to 4.50% for 2025. Because the state uses federal AGI as…

Strategic Review of 2025–2026 HSA Contribution Limits and Planning

The IRS has raised HSA contribution limits for 2025 and 2026. Individual limits will reach $4,300 in 2025 and $4,400…