Taxes May 14, 2026
Sen. Maggie Hassan, D-N.H., is co-authoring bipartisan legislation to provide two years of federal income tax forgiveness for families of fallen first responders.
Taxes February 16, 2026
Gov. Maura Healey has proposed delaying implementation until next year of what she described as the five “most costliest” changes in the federal tax code created by the One Big Beautiful Bill Act.
Taxes February 16, 2026
The city’s new social housing tax, levied on lofty pay packages to pay for public housing, was due Jan. 31. The startling news was that it blew the projections out of the water.
Taxes February 12, 2026
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Taxes February 12, 2026
Oregon Democratic Sen. Ron Wyden introduced a bill Feb. 10 to block the president from receiving any payout, by levying a 100% tax on it. The legislation is unlikely to move given Republicans’ majority in the Senate.
Taxes February 11, 2026
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.
Taxes February 10, 2026
The independent senator from Vermont, who caucuses with Democrats in the nation's Capitol, will appear Feb. 18 to formally kick off the campaign to place a new tax on billionaires on California's November ballot.
Taxes February 10, 2026
A proposed Washington income tax on people earning more than $1 million has cleared its first legislative hurdle, with the Senate Ways and Means Committee passing the plan Monday—with some tweaks.
Taxes February 10, 2026
Oregon Democrats advanced their plan to generate more than $300 million for the current state budget by ending several state tax breaks copied from President Donald Trump’s big 2025 tax- and budget-cutting bill.
Taxes February 9, 2026
Treasury Secretary Scott Bessent has been talking up Americans getting bigger-than-usual tax refunds this year for months, saying that it will help spark “a non-inflationary boom.” That's unlikely.
Taxes February 6, 2026
The IRS this week announced tax relief for individuals and businesses in Montana affected by severe wind storms and flooding that occurred the second and third weeks of December 2025.
Taxes February 5, 2026
The revelation came Thursday during a Senate Banking Committee hearing where Treasury Secretary and Acting Commissioner of the Internal Revenue Service Scott Bessent testified.
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.