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 August 22, 2024
Starting on Oct. 1, the rate for tax overpayments and underpayments for individuals will be 8% per year, compounded daily.
Taxes August 21, 2024
The Coalition Against Scam and Scheme Threats is comprised of the IRS, state tax agencies, tax software firms, associations, and others.
Taxes August 20, 2024
The Democratic presidential nominee's plan is in line with the corporate tax rate the Biden administration proposed in March.
Taxes August 20, 2024
Both presidential candidates are pledging to exempt workers from paying taxes on their tips, but experts say it's bad policy.
Taxes August 19, 2024
The SECURE 2.0 ACT permits employers to provide matching contributions for employees based on their payments on student loans.
Taxes August 19, 2024
Until 2016, the U.S. taxed Olympic medal winners on the value of the medals won. A law enacted in 2016 excluded the value of Olympic medals from tax for those with incomes of $1 million or less, starting in 2016.
Taxes August 19, 2024
The agency recommends that taxpayers submit the pre-filing registration at least 120 days before the planned filing date.
Taxes August 19, 2024
Taxpayers who operate large trucks and buses have until Sept. 3 to file Form 2290 for vehicles used in July 2024, the IRS said.
Taxes August 19, 2024
Gordian Ndubizo of New Jersey who taught accounting at Drexel University was convicted Aug. 15 by a federal jury on all eight counts.
Taxes August 16, 2024
The application period for the 2025 Compliance Assurance Process program will be from Sept. 4 until Oct. 31, the agency said Thursday.
Taxes August 16, 2024
The proposal, which Kamala Harris will announce on Aug. 16, would provide a $6,000 child tax credit within a newborn child’s first year.
Taxes August 15, 2024
Details on her tax positions will likely become a crucial campaign issue, as polls show economics is one of voters' top concerns.