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Tags: Income Taxes
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Tags: Income Taxes
Taxes March 12, 2026
The IRS has enhanced its Tax Withholding Estimator to reflect changes to tax credits and deductions under the One Big Beautiful Bill Act, including new deductions on tips, overtime, auto loan interest, and other tax breaks.
Taxes March 12, 2026
The bill imposes a 9.9% tax on income of over $1 million a year, with the first payments due in 2029. It would raise an estimated $3 billion to $4 billion annually, helping to fund schools and other state services.
Taxes March 12, 2026
Billionaire Howard Schultz alluded to the business environment in Washington state, where a measure that’s been dubbed a “millionaires tax” came closer to final legislative approval this week.
Taxes March 11, 2026
California voters are being urged to put a poison-pill effort on the November ballot that would nullify a controversial proposed tax on the state's billionaires.