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Income Tax

Campaign to Repeal Washington ‘Millionaires Tax’ Submits Over 500,000 Signatures

Taxes July 6, 2026 

Campaign to Repeal Washington ‘Millionaires Tax’ Submits Over 500,000 Signatures

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.

Featured Articles

July 6, 2026  

TIGTA Made 91 Surprise Visits to IRS Taxpayer Assistance Centers. Here’s What Happened

July 2, 2026  

After Newsom Couldn’t Stop It, California Braces for Billionaire Tax Brawl

June 30, 2026  

Some Republicans Join Missouri Democrats in Push Against Income Tax Phaseout

June 30, 2026  

Could Initiative to Kill Washington’s ‘Millionaires Tax’ Also Kill the State’s Capital Gains Tax?

June 29, 2026  

Khanna Lays Into Gavin Newsom’s Tax Proposal, Setting Up 2028 Battle Lines
 What Trump and Harris Said About Tariffs and Taxes During Debate

Taxes September 11, 2024 

What Trump and Harris Said About Tariffs and Taxes During Debate

The two presidential candidates attacked each other on the economy, taxes, immigration, and abortion, among other issues.

IRS Extends Some Tax Filings For New York, Connecticut Flood Victims

Taxes September 10, 2024 

IRS Extends Some Tax Filings For New York, Connecticut Flood Victims

Impacted residents and business owners have until Feb. 3, 2025, to submit a variety of tax filings and payments.

Third Estimated Tax Payment Due Sept. 16, IRS Says

Taxes September 9, 2024 

Third Estimated Tax Payment Due Sept. 16, IRS Says

Individuals and businesses affected by disasters in 17 states, Puerto Rico, and the Virgin Islands may qualify for an extension.

Jason Bramwell

IRS-CI Urges Sports Bettors to Play By the Rules This Football Season

IRS September 9, 2024 

IRS-CI Urges Sports Bettors to Play By the Rules This Football Season

Between FY 2020 and June 2024, IRS-CI initiated 151 investigations into illegal gambling activity totaling more than $178.8 million.

Jason Bramwell

Massachusetts State Rep Tells Patriots to ‘Stop Complaining’ About Millionaires Tax

Taxes September 9, 2024 

Massachusetts State Rep Tells Patriots to ‘Stop Complaining’ About Millionaires Tax

Democratic State Rep. Michael Connolly took to X to say players should quit complaining about paying their fair share in taxes.

irs221

Taxes September 6, 2024 

IRS Has Recouped $1.3 Billion in Unpaid Taxes From Wealthy Americans

Nearly 80% of 1,600 millionaires who had delinquent tax debt have now made a payment, the IRS and Treasury Department said Sept. 6.

Jason Bramwell

 Trump Pushes Back on Harris Small Business Plan

Small Business September 5, 2024 

Trump Pushes Back on Harris Small Business Plan

Hours before his address to the Economic Club of New York, Trump said Harris's plan would “destroy our small business economy.”

Harris Calls For Lower Capital Gains Tax Rate Than the 39.6% Biden Proposed

Taxes September 5, 2024 

Harris Calls For Lower Capital Gains Tax Rate Than the 39.6% Biden Proposed

The Democratic presidential nominee proposed a 28% capital gains tax rate on people earning $1 million or more.

Jason Bramwell

Hunter Biden Intends to Change Plea to Guilty in Federal Tax Case

Taxes September 5, 2024 

Hunter Biden Intends to Change Plea to Guilty in Federal Tax Case

The son of President Joe Biden has been accused of nine misdemeanor and felony offenses. He previously pled not guilty.

 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

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