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Income Tax

IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027

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.

Jason Bramwell

Featured Articles

November 6, 2026  

Supporters of Colorado’s Amendment 87 Declare Victory for Major Rewrite of State’s Tax Code

November 6, 2026  

Washington ‘Millionaires Tax’ is Upheld as Initiative 645 Fails

November 5, 2026  

Why California’s Billionaire Tax Was a Harder Sell Than Expected

November 5, 2026  

Millionaire Tax Wins Broad Support From Chicago Voters

November 4, 2026  

North Carolina Voters Back Property Tax Cap, Income Tax Cuts
Tuberville Threatens to Sue Alabama Publication That Posted Redacted Tax Returns

Taxes June 10, 2026 

Tuberville Threatens to Sue Alabama Publication That Posted Redacted Tax Returns

U.S. Sen. Tommy Tuberville, who is running for governor in Alabama, has threatened to file a lawsuit against an Alabama news outlet after a journalist posted personal information gathered from his tax records.

Judge Rewrites Ballot Language on Plan to Eliminate Missouri Income Tax

Taxes June 6, 2026 

Judge Rewrites Ballot Language on Plan to Eliminate Missouri Income Tax

The ballot language for a Missouri constitutional amendment that would radically restructure how the state collects taxes was altered by an appeals court on Friday, which found the language to be unfair, inaccurate and misleading.

The IRS’s ‘New’ Syndicated Conservation Easement Settlement Offer: Deja Vu All Over Again?

Income Tax June 3, 2026 

The IRS’s ‘New’ Syndicated Conservation Easement Settlement Offer: Deja Vu All Over Again?

According to the IRS, this settlement initiative is a great deal, and taxpayers should jump on it. But is it deja vu all over again?

Bill Curtis, Crystal L. Howard

Missouri Ballot Issue to End Income Tax is Lawful, Judge Says, in Win for GOP

Taxes June 2, 2026 

Missouri Ballot Issue to End Income Tax is Lawful, Judge Says, in Win for GOP

A Missouri judge on Monday upheld the ballot language of a Republican plan to replace the state’s income tax with expanded sales taxes in a key win for Republican lawmakers.

Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax

Taxes May 28, 2026 

Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax

Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.

Tax Cap Would Force North Carolina to Hike Other Taxes, Governor Says

Taxes May 28, 2026 

Tax Cap Would Force North Carolina to Hike Other Taxes, Governor Says

Gov. Josh Stein is calling a constitutional amendment capping North Carolina’s income tax rate a “con” and a “cynical shell game” that would put the burden for raising revenue on “regular” North Carolinians.

Fallout From Fatal Wreck Looms Over Tax Evasion Sentencing of Former Pro Wrestler

Taxes May 27, 2026 

Fallout From Fatal Wreck Looms Over Tax Evasion Sentencing of Former Pro Wrestler

Federal records show how a crash that killed three Macomb, MI, teens echoed inside a courtroom more than a decade later in retired wrestler's tax case.

Massachusetts Reels in $3.1 Billion From Millionaires’ Tax

Taxes May 27, 2026 

Massachusetts Reels in $3.1 Billion From Millionaires’ Tax

Beacon Hill budget writers say revenue from the millionaires’ tax continues to surpass projections, which proponents claim is another sign wealthy households aren’t fleeing for other states to avoid the levy.

Missourians Will Vote on Plan to Phase Out State Income Tax in August

Taxes May 26, 2026 

Missourians Will Vote on Plan to Phase Out State Income Tax in August

Gov. Mike Kehoe announced Friday that the measure would appear on the statewide ballot in the Aug. 4 election after promoting the proposal since January.

 How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?

Taxes May 22, 2026 

How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?

The money is certainly life-changing, but the winner will have to fork over a significant portion of the $2 million to the government.

5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act

Taxes May 21, 2026 

5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act

A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning.

 Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says

Taxes May 21, 2026 

Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says

Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.

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