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Income Tax

Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players

Taxes March 13, 2026 

Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players

The tax could come into play on any free agent contract the Seahawks sign since the NFL minimum salary in 2026 for any player who has played one season is set at $1.005 million.

Featured Articles

March 13, 2026  

Opinion: Tax Breaks for Football Players? That’s Just the Beginning in the SEC

March 13, 2026  

Wyden Questions Changes to Postmark Rule as Tax, Election Deadlines Loom

March 13, 2026  

Washington Business Groups Worry About How ‘Millionaires Tax’ Could Affect Competitiveness

March 12, 2026  

Democrats Float Tax Relief Plans to Home in on Affordability

March 12, 2026  

IRS Updates Withholding Estimator to Include OBBBA Tax Changes
2025 Filing Season to Start Jan. 27, IRS Says

Taxes January 10, 2025 

2025 Filing Season to Start Jan. 27, IRS Says

The IRS expects more than 140 million individual tax returns to be filed ahead of the April 15 federal deadline, with more than half of all tax returns filed this year with the assistance of a tax professional.

Jason Bramwell

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Taxes January 9, 2025 

2025 Tax Refunds: When Can You Get Your Refund? Date Estimate

Everybody hates the IRS, but many of us love getting a tax refund! Find out when you can expect to get your refund if you file early. Even without a refund loan, you can usually get your refund in 2-3 weeks.

Isaac M. O'Bannon

IRS Free File System Opens Jan. 10, Allowing Some to Pre-File Tax Returns

Taxes January 8, 2025 

IRS Free File System Opens Jan. 10, Allowing Some to Pre-File Tax Returns

The early availability of the IRS Free File online systems will allow taxpayers to prepare and file their returns before the IRS officially starts accepting them, but they will then be already electronically in line when processing begins.

Isaac M. O'Bannon

Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern

Taxes January 8, 2025 

Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern

In her latest annual report to Congress, National Taxpayer Advocate Erin Collins praised the IRS for a much-improved taxpayer experience but also highlighted several ongoing challenges at the tax agency.

Jason Bramwell

Mid-Market CEOs Worried About Financial Impact of Trump’s Tariffs, Survey Finds

Taxes January 8, 2025 

Mid-Market CEOs Worried About Financial Impact of Trump’s Tariffs, Survey Finds

However, optimism about the business environment is rising among middle-market CEOs, with tax policies getting a mixed reaction, according to the latest survey from top 15 accounting firm CBIZ and Hofstra University.

Jason Bramwell

Opinion: 3 Ways More IRS Cuts Under Trump Could Hurt the Economy

Taxes January 8, 2025 

Opinion: 3 Ways More IRS Cuts Under Trump Could Hurt the Economy

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt economic productivity and efficiency.

Opinion: The Case for Killing the Tax Credit for Electric Vehicles

Taxes January 8, 2025 

Opinion: The Case for Killing the Tax Credit for Electric Vehicles

It's ineffective at shaping behavior, and it primarily benefits the wealthy while needlessly adding to the deficit. EVs aren't even good at curbing climate change, and the credit could be stifling better alternatives.

Trump Keeps World Guessing Over How He Intends to Impose Tariffs

Taxes January 7, 2025 

Trump Keeps World Guessing Over How He Intends to Impose Tariffs

In the past 24 hours, President-elect Donald Trump has said that Congress will use revenue from tariffs to help pay for extending his 2017 tax cuts in a “powerful” bill that would eliminate taxes on tips.

Here’s What Comes Next for California Fire Victims Who Won Federal Tax Relief

Taxes January 7, 2025 

Here’s What Comes Next for California Fire Victims Who Won Federal Tax Relief

Tens of thousands of Northern California fire victims stand to recover millions of dollars in reimbursements for federal taxes paid on wildfire settlements now that the Federal Disaster Tax Relief Act finally passed Congress last month and was signed by President Joe Biden on Dec. 12.

Trump’s Major Legislative Agenda Will Pass by May, Speaker Mike Johnson Says

Taxes January 6, 2025 

Trump’s Major Legislative Agenda Will Pass by May, Speaker Mike Johnson Says

Johnson said on Fox News that the massive bill would address issues such as an extension of the 2017 Trump tax cuts, border security, raising or eliminating the federal debt ceiling, reducing federal regulations and “dismantling the deep state.”

Nine States Cut Individual Income Taxes on Jan. 1

Taxes January 2, 2025 

Nine States Cut Individual Income Taxes on Jan. 1

Seven of the states that are lowering their individual income taxes in 2025 have legislatures that are controlled by Republicans, as well as Republican governors.

Jason Bramwell

tax-refund1_10916239

Income Tax December 31, 2024 

2025 Tax Refund Dates – Where’s My Refund, And When Will I Get It?

Depending on when taxpayers file their returns, they can often receive their federal tax refund payment (check or direct deposit) within 10-21 days.

Isaac M. O'Bannon

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