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 February 10, 2026
Sen. Bernie Sanders to Kick Off California Billionaire Tax Campaign
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
Washington’s Millionaires Tax Advances in State Senate with Some Changes
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’ Bill to Add $300M to State’s Budget by Ending 3 Trump Tax Breaks Advances
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
Opinion: This Tax-Refund Bonanza Won’t Do What Bessent Says It Will
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
IRS Says Tax Relief Available for Those Affected by Severe Storms in Montana
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
Bessent Says Taxpayers Will Foot the Bill if Trump Wins $10 Billion IRS Lawsuit
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
Trump Says He Will Donate Any Proceeds From $10B IRS Lawsuit
“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.
Taxes February 5, 2026
House Advances Measure to Block D.C. Tax Code Decoupling
Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.
Taxes February 4, 2026
WARNING: TikTok, Insta and Other Social Tax Advice is So Bad, It Can Lead to Fines or Handcuffs
Many fraudulent tax schemes have been circulating on social media, promoting misuse of tax credits or deductions that most taxpayers don’t qualify for.
Taxes February 4, 2026
Union Leaders, Activists Sue to Block Vote on Massachusetts Income Tax Cut
The lawsuit claims the wording of signature petitions to qualify for the ballot were "misleading and deceptive" because it didn't mention the cuts would cover all three categories of income taxes, including capital gains taxes paid by businesses.
Taxes February 3, 2026
Oregon Democrats Unveil Plan to Close Trump Tax ‘Loopholes’ and Reduce Budget Deficit
Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.
Taxes February 3, 2026
Washington Gov. Bob Ferguson Says He Can’t Support ‘Millionaire’s Tax’ Bill Without Changes
In a long-anticipated bill, which is getting formally introduced this week, legislative Democrats are proposing a 9.9% tax on annual earnings of more than $1 million starting in 2028.