While a federal law eliminating taxes on tips and overtime pay is in effect, a proposal to do the same at the state level has ...

Wisconsin policymakers approved more than $1.3 billion in tax cuts in the latest state budget but the exclusion of a “no tax ...

Wisconsin homeowners face rising property taxes after Gov. Tony Evers' 400-year veto extended school funding increases for ...

If passed, the bill would allow up to $25,000 in tips to be deducted from state income tax returns for individuals earning ...

Roughly 1.1 million Wisconsin retirees are set to benefit from a new federal deduction that phases out taxes on most Social ...

The larger exemption on retirement income is expected to affect both seniors and younger people. We want to know what you ...

Standard Deduction$0 Federal income tax$7,153 State taxes Marginal tax rate5.3% Effective tax rate 3.25% Wisconsin state tax$1,790 Gross income$55,000 Total income tax-$8,943 After-Tax Income$46,057 ...

Readers had mixed feelings about the new tax cuts on retirement income, with some who support it worrying about its impact on ...

It would do away with Wisconsin 's progressive income tax and replace it with a flat 3.25% rate by 2026. That would cost the state nearly $5 billion in lost tax revenue over the next two years.

Wisconsin’s unique sliding-scale standard deduction already injects a significant amount of progressivity into the state income tax code even before any of the state’s four marginal tax rates ...

MADISON, Wis. - Wisconsin Assembly Republicans unveiled a plan to boost shared revenue to counties and municipalities, including a minimum 10% boost to every community in the state.