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 March 11, 2026
Poison-Pill Effort to Cancel Proposed California Billionaire Tax Hits Voters’ Mailboxes
California voters are being urged to put a poison-pill effort on the November ballot that would nullify a controversial proposed tax on the state's billionaires.
Taxes March 11, 2026
Washington State ‘Millionaires Tax’ Clears House After 24-Hour Debate
After a debate that stretched more than 24 hours, the Washington House of Representatives on Tuesday approved a state income tax on people earning more than $1 million a year, setting up a final vote in the Senate as early as Wednesday.
Taxes March 11, 2026
A Tax Preparer Went to Prison for a $4.3M Scam. She’s Now Charged in a New $5.5M Scheme, Feds Say
Before Jessenia Cordero finished serving her prison term for a $4.3 million in a tax fraud scheme, the wheels were in motion for her next scheme, federal authorities allege in court records.
Taxes March 11, 2026
Ex-Mayor of Portage, Indiana, Sentenced to 3 Years of Probation for Federal IRS Charge
James Snyder will have to pay $78,111.57 in restitution, which is what he still owes for obstructing the IRS, made in monthly payments of $570 a month. He has paid $18,000 of his debt.
Taxes March 10, 2026
Which States Tax the Rich at the Highest Level?
Stacker, a website specializing in publishing data, found that the American elite—the top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.
Taxes March 10, 2026
Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?
Tax them, and they will flee. That’s the idea behind capital flight, an economic term used by tax critics to describe an exodus of wealth and investments because of higher taxes or cost of doing business.
Taxes March 10, 2026
New York Lawmakers Propose Boosting Taxes on the Rich, Challenging Hochul and Aligning with Mamdani
A budget battle is unfolding in Albany as state lawmakers in their budget proposals unveiled a push for tax hikes on both wealthy individuals and corporations to supply New York City with more money.
Taxes March 10, 2026
5 Tax Changes to Account for Before Filing 2025 Tax Returns
Several provisions enacted in the One Big Beautiful Bill Act, which apply to the 2025-2028 tax years, may impact taxpayers’ returns. Here are five to consider before filing.
Taxes March 9, 2026
Booker to Propose Bill That Would Make First $75K in Earnings Tax Free for Married Couples
Sen. Cory Booker (D-NJ) plans to propose legislation Tuesday that would increase the standard deduction to $75,000 for married couples filing jointly.
Taxes March 9, 2026
Tax Refunds Are Up Nearly 11% So Far in 2026, According to IRS Data
For the week ending Feb. 27, the average refund was $3,742, up 10.6% over the average of $3,382 for the same timeframe last year.
Taxes March 9, 2026
AICPA Urges IRS to Expand First Time Abatement Program
In a letter to the tax agency, the American Institute of CPAs asked the IRS to expand the First Time Abatement program in order to cover more types of tax and information return penalties.
IRS March 9, 2026
IRS Extends Support Hours on Weekdays and Saturdays Through April 30
Taxpayers can check whether a nearby Taxpayer Assistance Center is offering extended hours by visiting IRS.gov to use the TAC Locator tool.