Taxes July 6, 2026
Opponents of Washington’s new high-earners income tax submitted more than 500,000 signatures for an initiative to kill the tax Thursday, setting up an epic brawl for November over the state's tax system.
Taxes September 19, 2024
Tax law is always changing, and keeping up is what tax professionals are about, or they can end up with costly errors if new credits and deductions apply or changes in filing requirements take place.
Taxes September 19, 2024
The Internal Revenue Service is alerting taxpayers to beware of promoters claiming their services are necessary to resolve unpaid taxes owed to the IRS while charging excessive fees, often with no results.
Taxes September 19, 2024
Assumption that extending Donald Trump's 2017 tax law wouldn't add to deficits could substantially shrink the price tag.
State and Local Taxes September 17, 2024
With elections approaching, it’s time for governors and mayors to offer some viable new policy options—and ways to pay for them.
Taxes September 17, 2024
A taxpayer can’t deduct start-up expenses if he or she abandons the business before it ever gets off the ground.
Taxes September 16, 2024
The tax briefing aims to distinguish the candidates' tax priorities and propose how their policies could potentially affect all taxpayers.
Taxes September 16, 2024
Donald Trump floated the idea of tariff hikes to offset some income tax cuts to House Republicans in June.
Taxes September 13, 2024
Trump said his no-tax-on-overtime idea would help companies lure more workers and keep them on the job site for longer.
Taxes September 13, 2024
These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
Taxes September 12, 2024
The proposed regulations provide definitions and general rules for determining and identifying AFSI. They also include rules regarding various statutory and regulatory adjustments in determining AFSI.
Taxes September 11, 2024
Coloradans will soon be able to file their federal income taxes online for free under a program created by the Inflation Reduction Act.
Taxes September 11, 2024
Bloomberg Tax's annual Projected U.S. Tax Rates Report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward adjustments to tax brackets, and increases to numerous other key thresholds.