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 April 30, 2026
Federal Disaster Tax Relief Certainty Act Passes House
The bipartisan bill, introduced by U.S. Reps. Mike Thompson (D-CA) and Greg Steube (R-FL), would permit victims to claim disaster-related personal casualty losses without having to itemize deductions through Jan. 1.
Taxes April 30, 2026
Tax Relief Change Legislation Reaches Compromise in Hawaii
Several negotiators in the state House and Senate reached a tentative agreement Tuesday night on a compromise draft of legislation altering future Hawaii income tax cuts.
Taxes April 29, 2026
House Approves Smucker Tax Legislation to Help Sexual Assault Survivors
Republican Pennsylvania congressman Lloyd Smucker's bill, the "Survivor Justice Tax Prevention Act," passed the U.S. House by voice vote on April 27.
Taxes April 28, 2026
Massachusetts Tax Preparers Charged in Connection with Using Fraudulent Returns to Buy House
Five Massachusetts residents have been indicted on money laundering and fraud charges in connection with a tax scheme based in Chelsea.
Taxes April 27, 2026
Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts
A Massachusetts ballot question, if approved, would cut the current 5% personal income tax by 1%. Progressive groups argue the tax cut will not solve sky-high rents, unaffordable child care and unequal schools that are driving people to flee the state.
Taxes April 27, 2026
Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge
A judge questioned whether President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service and the U.S. Treasury can proceed with Trump effectively in control of both sides of the litigation.
Taxes April 27, 2026
California Billionaire Tax Backers Say They Have Enough Signatures—Times Two—to Qualify for Ballot
Supporters of a billionaire tax said April 26 that they had gathered nearly twice as many signatures as necessary to qualify the controversial proposal for the November ballot.
Taxes April 24, 2026
‘Millionaire Tax’ Won’t Be on November Ballot as Illinois Democrats Can’t Come to Agreement
Illinois Democrats failed to advance a proposed constitutional amendment that would have asked voters in November to impose an additional tax on residents who earn more than $1 million a year.
Taxes April 22, 2026
Trump Tax Law Boosts Refunds, But Tariffs and Iran War Mute Its Impact
The problem for Americans—and for GOP candidates who want their votes—is that the bigger tax refunds have been largely offset by higher gas prices stemming from the U.S.-Israeli war with Iran and by President Donald Trump's taxes on imported goods.
Taxes April 22, 2026
Illinois Democrats Trying to Get ‘Millionaire Tax’ Question on Fall Ballot
The millionaire’s tax is one of two proposed constitutional amendments the Illinois House could take up as soon as this week, ahead of a deadline to place questions on the November ballot.
Taxes April 22, 2026
Whistleblowers Called On to Help IRS Uncover Federal Funds Misuse
The tax agency on April 17 issued a Whistleblower Alert, a new way for the IRS to spotlight high-risk areas and reach people who may have direct knowledge of noncompliance.
Taxes April 22, 2026
Missouri Voters to Decide to Eliminate Income Tax, Raise Sales and Use Taxes
The Missouri House on Tuesday agreed with Senate amendments to a proposed constitutional amendment that serves as a first step in repealing the income tax. The bill will now go to the ballot.