Georgia Has a New 2024 Income Tax Rate
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How to reduce your taxable income and lower your tax bill
If you want to pay less in taxes, you need to look for ways to reduce the amount of income that is subject to them. Andrew Keshner, MarketWatch's tax reporter, breaks down how to lower your taxable income.
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Kemp signs measure to speed up Georgia's income tax cut
(The Center Square) — Georgia Gov. Brian Kemp signed a series of tax bills Thursday, including a measure to speed up a decrease in the state's personal income tax rate. House Bill 1015 lowers the individual income tax rate from 5.49% to 5.39% for the tax years starting Jan. 1, 2024. It decreases the rate by 0.1% annually starting Jan. 1, 2025, until it reaches 4.99%. "Georgians work hard to earn a living, and they should keep more of what they earn," Tony West,...
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WATCH: House GOP to include TikTok ban in foreign aid bill
Lawmakers’ plan to ban the social media app could be fast-tracked by Congress by attaching it to larger security bills and spending packages.