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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
New York to Send Child Tax Credit to Recipients by Mail

Taxes August 6, 2024 

New York to Send Child Tax Credit to Recipients by Mail

The checks will be delivered to families who received the Empire State Child Credit in the 2023 tax year. Filers are eligible for the credits if they have children under age 17 and qualify for the federal child tax credit.

Pennsylvania High Court to Consider Case on Pittsburgh’s ‘Jock Tax’

Taxes August 1, 2024 

Pennsylvania High Court to Consider Case on Pittsburgh’s ‘Jock Tax’

The case will go before the state's Supreme Court after a lower court ruled earlier this year that the tax is unconstitutional.

tigta1

Taxes July 30, 2024 

More than 1,000 IRS Employees Were Delinquent or Noncompliant on Their 2023 Income Taxes

Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.

Isaac M. O'Bannon

New Jersey Joins IRS Direct File For 2025 Filing Season

Taxes July 26, 2024 

New Jersey Joins IRS Direct File For 2025 Filing Season

Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.

IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers

Taxes July 25, 2024 

IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers

The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.

Jason Bramwell

IRS Chief Not Too Worried About Fallout From Loper Bright Ruling

IRS July 25, 2024 

IRS Chief Not Too Worried About Fallout From Loper Bright Ruling

Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.

Jason Bramwell

IRS Releases Initial Guidance on Carbon Sequestration Tax Credit

Taxes July 24, 2024 

IRS Releases Initial Guidance on Carbon Sequestration Tax Credit

Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.

Jason Bramwell

 Texans Get Tax Relief From the IRS After Hurricane Beryl

Taxes July 24, 2024 

Texans Get Tax Relief From the IRS After Hurricane Beryl

Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.

Jason Bramwell

 Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?

Taxes July 23, 2024 

Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?

Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?

US-Supreme-Court1

Taxes July 22, 2024 

Supreme Court Rules Against Popular Tax Exempt Business Transfers

The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.

 Ex-Trump CFO Allen Weisselberg Released Early From Rikers

Taxes July 22, 2024 

Ex-Trump CFO Allen Weisselberg Released Early From Rikers

Weisselberg, who was sentenced to five months in jail earlier this year after pleading guilty to perjury, was freed for good behavior.

IRS Adds Extra Security Measures to Access FATCA Site

Taxes July 17, 2024 

IRS Adds Extra Security Measures to Access FATCA Site

As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.

Jason Bramwell

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