Taxes January 23, 2026
The House Rules Committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings.
Taxes April 8, 2025
The total income tax for the top 1% is more than $50 billion in four states, according to a GOBankingRates report—California ($122 billion), Florida ($96 billion), Texas ($81 billion), and New York ($79 billion).
Taxes April 7, 2025
The IRS issued a reminder on April 4 that those who are filing from areas where disaster declarations took place in 2024 get until May 1 to file.
Taxes April 7, 2025
More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filers getting back about 4% more than they did last year.
Taxes April 4, 2025
More than one-quarter of respondents (28%) noted that filing their taxes incorrectly is a top concern during tax season, and another 14% are concerned about not understanding the tax filing process or requirements.
Taxes April 4, 2025
The Tax Blotter is a round-up of recent tax news and Tax Court rulings.
Taxes April 2, 2025
Washington Gov. Bob Ferguson on April 1 panned budget plans by legislative Democrats for relying on "far too much in taxes," including a new wealth tax he warned could be overturned by courts.
Taxes April 1, 2025
Residents of Hawaii are burdened by taxes the most, while Alaska residents have the lowest tax burden, a new WalletHub study found.
Taxes March 31, 2025
President Donald Trump signed an executive order last week that authorizes the federal government to begin phasing out the use of paper checks and switch exclusively to electronic payments this fall, with some limited exceptions.
Taxes March 31, 2025
The IRS has sent more than 55.7 million refunds to taxpayers totaling nearly $179.5 billion thus far this tax season, an increase of 1.3% and 5.9%, respectively, from last year.
Taxes March 29, 2025
A component of the Tax Reduction Act, the EITC was signed into law by President Gerald Ford on March 29, 1975, and has become one of the federal government's largest anti-poverty programs.
Taxes March 28, 2025
The IRS Criminal Investigation unit released new statistics on March 28 highlighting how the agency has investigated financial crimes using Bank Secrecy Act data.
Taxes March 27, 2025
With capital gains, dividends and interest income soaring, many taxpayers are seeing the flip side—bigger tax bills and smaller refunds.