Income Tax

Taxes February 5, 2026 

“What I would do? Tell them to pay me, but I’ll give 100% of the money to charity,” President Donald Trump said in an interview with NBC News, floating the American Cancer Society as a potential beneficiary.

Taxes February 5, 2026 

Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.

Taxes February 4, 2026 

Many fraudulent tax schemes have been circulating on social media, promoting misuse of tax credits or deductions that most taxpayers don’t qualify for.

Taxes February 4, 2026 

The lawsuit claims the wording of signature petitions to qualify for the ballot were "misleading and deceptive" because it didn't mention the cuts would cover all three categories of income taxes, including capital gains taxes paid by businesses.

Taxes February 3, 2026 

Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.

Taxes February 3, 2026 

In a long-anticipated bill, which is getting formally introduced this week, legislative Democrats are proposing a 9.9% tax on annual earnings of more than $1 million starting in 2028.

Taxes February 2, 2026 

In an email to tax professionals on Monday, the IRS said it recently updated qualifications for Simple Payment Plans, formerly known as “streamlined installment agreements,” to include business taxpayers.

Jason Bramwell

Taxes February 2, 2026 

Economists have their doubts about a proposal from Connecticut gubernatorial candidate Betsy McCaughey, a Republican, to repeal the state's income tax.

Taxes January 30, 2026 

At a Bloomberg forum event in San Francisco, California Gov. Gavin Newsom said the proposed billionaire tax would ultimately degrade the state’s tax base as the ultrawealthy left the state.

Taxes January 30, 2026 

The suit was filed Thursday in Miami federal court by the president, his sons Donald Jr. and Eric, and the Trump Organization, which manages the president’s real estate holdings.

Taxes January 29, 2026 

There's historical precedent for tax protests, but there are real-world consequences to not paying taxes that one Connecticut tax preparer said makes such a protest inadvisable.

Taxes January 29, 2026 

Inching toward the Nov. 3 ballot is a proposal to reduce the state's personal income tax rate from 5% to 4% over three years, which backers say would save individual taxpayers an estimated $4,000 during that period.