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Income Tax

Hassan Proposes Bipartisan Bill to Give Tax Relief to Families of Fallen First Responders

Taxes May 14, 2026 

Hassan Proposes Bipartisan Bill to Give Tax Relief to Families of Fallen First Responders

Sen. Maggie Hassan, D-N.H., is co-authoring bipartisan legislation to provide two years of federal income tax forgiveness for families of fallen first responders.

Featured Articles

May 13, 2026  

Low Income Taxpayer Clinic Grant Application Period Runs Through July 6

May 13, 2026  

Foes of Washington ‘Millionaires Tax’ Launch Repeal Initiative

May 11, 2026  

‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes

May 11, 2026  

New Court Case Paves Way for Additional Disaster Refund Claims

May 11, 2026  

IRS: Applications for TCE and VITA Program Grants Now Accepted
New Tax Rule Raises the Stakes for Gamblers, CPAs Say

Taxes April 14, 2026 

New Tax Rule Raises the Stakes for Gamblers, CPAs Say

A change in federal tax law taking effect this year could leave some gamblers owing taxes even when they lose money by limiting how much they can deduct in losses when they file their tax returns.

3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier 

Taxes April 14, 2026 

3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier 

To help investors get ahead, the founder of a crypto tax platform urges users to take proactive steps this year to avoid hefty IRS penalties next year. 

Number of Millionaire Taxpayers Jumped in New York in 2024

Taxes April 14, 2026 

Number of Millionaire Taxpayers Jumped in New York in 2024

Millionaires accounted for fewer than 1% of all taxpayers in New York in 2024, according to the state. But they paid more than 44% of all personal income taxes.

Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy

Taxes April 13, 2026 

Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy

Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.

IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods

Taxes April 13, 2026 

IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods

Taxpayers who live in or have a business in 16 counties in Washington state have until May 1 to file federal and business tax returns and make payments, the IRS said.

Nonprofits Push New York State Lawmakers to ‘Stand Strong’ on Tax Hikes for Wealthy

Taxes April 13, 2026 

Nonprofits Push New York State Lawmakers to ‘Stand Strong’ on Tax Hikes for Wealthy

A bevy of New York City nonprofit groups are urging state lawmakers to keep pushing Gov. Kathy Hochul to grant Mayor Zohran Mamdani's asks for tax hikes on the city's wealthiest residents and most profitable corporations.

Massachusetts House Speaker Trashes Income Tax Ballot Question: ‘It’s Just Such Nonsense’

Taxes April 13, 2026 

Massachusetts House Speaker Trashes Income Tax Ballot Question: ‘It’s Just Such Nonsense’

Speaking at the Fairmount Copley Plaza hotel, state Democratic House Speaker Ron Mariano painted an apocalyptic picture of what would happen if voters approve the income tax cut this fall.

IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction

Taxes April 10, 2026 

IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction

The Treasury Department and the IRS issued final regulations on Friday that list the occupations of tipped workers eligible for the "no tax on tips" provision introduced by last summer's One Big Beautiful Bill Act.

Jason Bramwell

Connecticut Tax Prep Business Owner Indicted for Filing Fraudulent Returns, Feds Say

Taxes April 10, 2026 

Connecticut Tax Prep Business Owner Indicted for Filing Fraudulent Returns, Feds Say

Jessey Guzman, 36, was indicted on federal tax fraud charges Wednesday for filing several fake returns to save her clients money, federal prosecutors said.

8 Tips to Handle W2 and 1099 Income Without Overpaying Taxes

Taxes April 10, 2026 

8 Tips to Handle W2 and 1099 Income Without Overpaying Taxes

With a little organization and proactive planning, you can turn mixed income from a tax headache into a manageable, even profitable, part of your financial picture.

These Young Workers Almost Didn’t File, But They’re Elated They Did—The IRS Owed Them Hundreds, Even Thousands, of Dollars

Taxes April 10, 2026 

These Young Workers Almost Didn’t File, But They’re Elated They Did—The IRS Owed Them Hundreds, Even Thousands, of Dollars

Tax experts say that many high school and college students who are working their first jobs can receive hefty tax refunds by filing federal and state tax returns, even though they are not required to submit those forms.

U.S. Supreme Court Turns Away Muscogee Citizen’s Tribal Income Tax Challenge

Taxes April 10, 2026 

U.S. Supreme Court Turns Away Muscogee Citizen’s Tribal Income Tax Challenge

The U.S. Supreme Court on April 6 turned away a request from a Muscogee Nation tribal member to take up an Oklahoma Supreme Court decision that denied her request to be exempt from state income taxes.

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