Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
Taxes November 6, 2026
Supporters of Colorado’s Amendment 87 Declare Victory for Major Rewrite of State’s Tax Code
Measure would raise income taxes on high earners in seismic change to state fiscal policy.
Taxes November 6, 2026
Washington ‘Millionaires Tax’ is Upheld as Initiative 645 Fails
Washington's high-earners income tax has withstood an effort to repeal it, as backers of Initiative 645 conceded defeat.
Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
Taxes November 5, 2026
Why California’s Billionaire Tax Was a Harder Sell Than Expected
Since the Golden State’s powerful healthcare union proposed the new tax, supporters of Proposition 40 have faced a fierce, expensive battle against the world’s richest people.
Taxes November 5, 2026
Millionaire Tax Wins Broad Support From Chicago Voters
The non-binding millionaire tax referendum results show Chicagoans want to see tax-the-rich policies, Mayor Brandon Johnson said.
Taxes November 4, 2026
North Carolina Voters Back Property Tax Cap, Income Tax Cuts
North Carolinians voted convincingly on Tuesday to support Republican-sponsored constitutional amendments, including one that would lower the state’s individual income tax cap.
Taxes November 4, 2026
Ro Khanna Vows to Try Again if California Billionaire Tax Fails
Rep. Ro Khanna, who represents parts of Silicon Valley, promised that he would fight for another wealth tax in 2028 if the proposition fails.
Taxes November 4, 2026
IRS Reports Record Tax Collections, Larger Refunds in 2026
According to an Oct. 29 report from the agency, the IRS collected $5.6 trillion in taxes during the fiscal year, an increase of nearly 5% from 2025.
Taxes November 4, 2026
California Billionaire Tax Trailing in Early Returns
A proposed first-in-the-nation wealth tax on California’s billionaires trailed in early returns Tuesday after a contentious campaign that saw heavy spending by wealthy opponents.
Taxes November 4, 2026
Washington Voters Upholding ‘Millionaires Tax’ in Tuesday Vote
In Washington's biggest tax fight in decades, voters were backing the state's new high-earners income tax in Tuesday's vote count, rejecting an initiative that would repeal it.
Taxes November 4, 2026
Colorado’s Tiered Income Tax Proposal Now Too Close to Call
Colorado voters are split on the proposal to eliminate the state’s flat rate in favor of a tiered income tax system, under which higher-income earners face a bigger tax liability.
Taxes November 2, 2026
The 401(k) Question Most Small-Business Owners Can’t Answer
How CPAs can help a client find the plan's Named Fiduciary, and sort out what has been outsourced from what hasn't.