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Income Tax

Mississippi Bill That Would Have Made NIL Tax-Exempt Dies in Committee, Report Says

Taxes March 19, 2026 

Mississippi Bill That Would Have Made NIL Tax-Exempt Dies in Committee, Report Says

The Name, Image and Likeness bill passed the Mississippi House, but was killed March 16 by a unanimous vote of the state's Senate finance committee.

Featured Articles

March 19, 2026  

California’s Proposed Billionaire Tax Gains Majority Support in New Poll

March 19, 2026  

‘No Tax on Overtime’ Falls Short of Expectations for Many Workers

March 19, 2026  

Study: Massachusetts Income Tax Cut Would Slash State Revenues, Give Big Breaks to Top Earners

March 18, 2026  

Average Tax Refund in 2026 Now at $3,676 as Filing Deadline Nears

March 18, 2026  

IRS: Over 830,000 Tax Refunds Delayed After Filers Miss Key Step
Kamala Harris Stops in New Hampshire to Unveil ‘Ambitious’ Small Business Plan

Small Business September 5, 2024 

Kamala Harris Stops in New Hampshire to Unveil ‘Ambitious’ Small Business Plan

Her proposal would open entrepreneurship to those currently excluded by the high cost of starting a new business.

Maryland Joins IRS Direct File Program For 2025

Taxes September 5, 2024 

Maryland Joins IRS Direct File Program For 2025

About 700,000 filers in Maryland are expected to be able to use the free tax filing service from the IRS, state officials said.

IRS Unsure If Audit Rates for Taxpayers With Incomes Below $400K Comply With Treasury Directive

Taxes September 4, 2024 

IRS Unsure If Audit Rates for Taxpayers With Incomes Below $400K Comply With Treasury Directive

After the Inflation Reduction Act was enacted, the IRS was ordered to not increase audits on those earning below $400,000 a year.

Jason Bramwell

Goldman Sachs Says Harris, Democrats Better For Economy Than Trump

Small Business September 4, 2024 

Goldman Sachs Says Harris, Democrats Better For Economy Than Trump

The firm's report could surprise some voters, who generally give the GOP and Trump an edge on issues like the economy and inflation.

A Group of House Republicans Want to Save Biden’s Energy Tax Credits if Trump is Elected

Taxes September 4, 2024 

A Group of House Republicans Want to Save Biden’s Energy Tax Credits if Trump is Elected

Eighteen House Republicans sent a letter to Speaker Mike Johnson earlier this month emphasizing the importance of the tax credits.

New England Patriots Defensive Linemen Sack Massachusetts Millionaires Tax

Taxes September 4, 2024 

New England Patriots Defensive Linemen Sack Massachusetts Millionaires Tax

Davon Godchaux and Keion White spoke about financial freedom and literacy recently on Godchaux’s “ChauxTalk” podcast.

Both Trump and Harris Want to End the Taxing of Tips—But Is It a Good Idea?

Taxes September 3, 2024 

Both Trump and Harris Want to End the Taxing of Tips—But Is It a Good Idea?

While the political logic behind the candidates' plans is compelling, the plan to end taxes on tips is panned by tax experts.

Accountant Pleads Guilty to Filing False Tax Returns in Connecticut

Accounting August 30, 2024 

Accountant Pleads Guilty to Filing False Tax Returns in Connecticut

Mark Legowski admitted to filing fraudulent tax returns for multiple years after failing to report $1.4 million in income.

Taxbit Rolls Out 1099-DA Support

Taxes August 27, 2024 

Taxbit Rolls Out 1099-DA Support

Taxbit's scalable platform is designed to adapt to the evolving complexities of digital asset reporting, the company said Aug. 27.

Jason Bramwell

Why Bill Belichick Thinks ‘Taxachusetts’ Deters Free Agents From Joining Patriots

State and Local Taxes August 27, 2024 

Why Bill Belichick Thinks ‘Taxachusetts’ Deters Free Agents From Joining Patriots

The ex-New England Patriots coach says Massachusetts' additional 4% surtax on taxable income over $1 million hinders the team.

Opinion: Trump and Harris Proposals Would Make Our Tipping Culture Worse

Taxes August 27, 2024 

Opinion: Trump and Harris Proposals Would Make Our Tipping Culture Worse

Plans to exempt tips from federal income taxes would be bad news for customers—and perhaps even for tipped workers themselves.

Hurricane Florence Sept11 1018 5b97d232b8655

Taxes August 26, 2024 

U.S. Taxpayers in Puerto Rico Get Relief Due to Tropical Storm Ernesto

These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA).

Isaac M. O'Bannon

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