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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
You’re Too Late for the Best Savings on Your 2025 Taxes – It’s Time to Start on Next Year’s Taxes

Taxes April 1, 2026 

You’re Too Late for the Best Savings on Your 2025 Taxes – It’s Time to Start on Next Year’s Taxes

While you’re still in tax mode, use the completion of your 2025 taxes as impetus to begin proactive planning in 2026.

 How the 50 States Rank by Tax Burden (Updated for 2026)

Taxes March 31, 2026 

How the 50 States Rank by Tax Burden (Updated for 2026)

WalletHub compared all 50 states by examining the three major types of state tax burdens—individual income taxes, property taxes, and sales and excise taxes—and calculating their cost as a percentage of total personal income in each state.

Jason Bramwell

Washington Governor Signs High-Earners Income Tax; Challenges Expected

Taxes March 31, 2026 

Washington Governor Signs High-Earners Income Tax; Challenges Expected

Washington Gov. Bob Ferguson signed a high-earners income tax, dubbed the “millionaires tax” by supporters, into law Monday morning, enacting a 9.9% levy on earnings of more than $1 million.

Ex-Washington Attorney General to Spearhead Lawsuit Against ‘Millionaires Tax’

Taxes March 31, 2026 

Ex-Washington Attorney General to Spearhead Lawsuit Against ‘Millionaires Tax’

The Citizen Action Defense Fund retained Rob McKenna to lead the anticipated legal push challenging the constitutionality of the state's income tax on high earners.

House Budget Chairman Says Reconciliation Bill to Target ‘Fraud’ in EITC, Other Means-Tested Programs

Taxes March 30, 2026 

House Budget Chairman Says Reconciliation Bill to Target ‘Fraud’ in EITC, Other Means-Tested Programs

House Budget Chairman Jodey C. Arrington (R-TX) outlined an agenda for the bill on March 27, which includes targeting fraud in the earned income tax credit program and finding savings in other means-tested benefit programs.

 IRS Data: As of March 20, the Average Tax Refund is $3,571

Taxes March 30, 2026 

IRS Data: As of March 20, the Average Tax Refund is $3,571

The latest statistics from the Internal Revenue Service showed that, as of March 20, the average tax refund this year is $3,571, a 10.9% increase from last year’s average of $3,221.

First ‘Survivor’ Winner Ordered to Pay $3.3M in Back Taxes for Show Winnings

Taxes March 30, 2026 

First ‘Survivor’ Winner Ordered to Pay $3.3M in Back Taxes for Show Winnings

A federal judge has ordered Richard Hatch to pay $3.3 million in back taxes and interest, bringing a major development to a 25-year legal dispute over his winnings from the inaugural season of “Survivor.”

IRS Income Tax Refund Schedule for 2026 – Tax Refund Date Estimator

Income Tax March 27, 2026 

IRS Income Tax Refund Schedule for 2026 – Tax Refund Date Estimator

When will you probably get your income tax refund? We can give you a good estimate based on a few factors, and no calculators.

Isaac M. O'Bannon

When Will I Get My IRS Income Tax Refund? Easy Chart Shows You

Income Tax March 27, 2026 

When Will I Get My IRS Income Tax Refund? Easy Chart Shows You

As early as 10-14 days after you clicked "submit" on your TurboTax form, or went to H&R Block, your professional CPA or EA or tax preparer clicked "send."

Isaac M. O'Bannon

 IRS Data Shows Average Tax Refund is $352 More Per Filer This Year

Taxes March 26, 2026 

IRS Data Shows Average Tax Refund is $352 More Per Filer This Year

Tax season is nearly over. With less than a month left to file, taxpayers may see some surprising trends affecting their refunds.

What Are the Most Common Income Tax Mistakes of 2026?

Taxes March 26, 2026 

What Are the Most Common Income Tax Mistakes of 2026?

To make sure you file error-free federal and state tax returns, double-check these important areas on your tax forms.

Isaac M. O'Bannon

 Will California’s Billionaire Tax Pay Off? New Studies Sharply Disagree

Taxes March 26, 2026 

Will California’s Billionaire Tax Pay Off? New Studies Sharply Disagree

Two new studies come to vastly different conclusions on the proposed 5% one-time tax on California's billionaires.

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