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Income Tax

IRS Launches Online Tool to Help Taxpayers Settle Their Tax Debt

Taxes April 17, 2026 

IRS Launches Online Tool to Help Taxpayers Settle Their Tax Debt

On the day following the April 15 federal tax deadline, the IRS promoted a new online tool to help taxpayers understand and resolve tax debt.

Jason Bramwell

Featured Articles

April 17, 2026  

Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns

April 17, 2026  

No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop

April 17, 2026  

Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows

April 17, 2026  

Gov. Kehoe’s Income Tax Elimination Plan Moves Closer to Ballot in Missouri

April 17, 2026  

Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End
Washington Business Groups Worry About How ‘Millionaires Tax’ Could Affect Competitiveness

Taxes March 13, 2026 

Washington Business Groups Worry About How ‘Millionaires Tax’ Could Affect Competitiveness

"Policies that layer on additional taxes make Washington less competitive to neighboring states, at a time when employers have many choices about where to invest and create jobs," said Alisha Benson, CEO of Greater Spokane Inc.

Democrats Float Tax Relief Plans to Home in on Affordability

Taxes March 12, 2026 

Democrats Float Tax Relief Plans to Home in on Affordability

Democrats with potential presidential aspirations have unveiled a slew of tax breaks in recent days that emphasize the party’s focus on affordability in hopes of taking back the White House.

IRS Updates Withholding Estimator to Include OBBBA Tax Changes

Taxes March 12, 2026 

IRS Updates Withholding Estimator to Include OBBBA Tax Changes

The IRS has enhanced its Tax Withholding Estimator to reflect changes to tax credits and deductions under the One Big Beautiful Bill Act, including new deductions on tips, overtime, auto loan interest, and other tax breaks.

Jason Bramwell

Missouri House OKs Switch to Sales Tax From Income Tax

Sales Tax March 12, 2026 

Missouri House OKs Switch to Sales Tax From Income Tax

The Missouri House Thursday approved Gov. Mike Kehoe’s plan to switch the state’s main source of revenue from income taxes to sales taxes.

Washington State ‘Millionaires Tax’ Passes Senate, Gov. Ferguson Expected to Sign Into Law

Taxes March 12, 2026 

Washington State ‘Millionaires Tax’ Passes Senate, Gov. Ferguson Expected to Sign Into Law

The bill imposes a 9.9% tax on income of over $1 million a year, with the first payments due in 2029. It would raise an estimated $3 billion to $4 billion annually, helping to fund schools and other state services.

After Washington ‘Millionaires Tax’ Vote, Former Starbucks CEO Announced He’s Moved From Seattle to Miami

Taxes March 12, 2026 

After Washington ‘Millionaires Tax’ Vote, Former Starbucks CEO Announced He’s Moved From Seattle to Miami

Billionaire Howard Schultz alluded to the business environment in Washington state, where a measure that’s been dubbed a “millionaires tax” came closer to final legislative approval this week.

Poison-Pill Effort to Cancel Proposed California Billionaire Tax Hits Voters’ Mailboxes

Taxes March 11, 2026 

Poison-Pill Effort to Cancel Proposed California Billionaire Tax Hits Voters’ Mailboxes

California voters are being urged to put a poison-pill effort on the November ballot that would nullify a controversial proposed tax on the state's billionaires.

Washington State ‘Millionaires Tax’ Clears House After 24-Hour Debate

Taxes March 11, 2026 

Washington State ‘Millionaires Tax’ Clears House After 24-Hour Debate

After a debate that stretched more than 24 hours, the Washington House of Representatives on Tuesday approved a state income tax on people earning more than $1 million a year, setting up a final vote in the Senate as early as Wednesday.

A Tax Preparer Went to Prison for a $4.3M Scam. She’s Now Charged in a New $5.5M Scheme, Feds Say

Taxes March 11, 2026 

A Tax Preparer Went to Prison for a $4.3M Scam. She’s Now Charged in a New $5.5M Scheme, Feds Say

Before Jessenia Cordero finished serving her prison term for a $4.3 million in a tax fraud scheme, the wheels were in motion for her next scheme, federal authorities allege in court records.

Ex-Mayor of Portage, Indiana, Sentenced to 3 Years of Probation for Federal IRS Charge

Taxes March 11, 2026 

Ex-Mayor of Portage, Indiana, Sentenced to 3 Years of Probation for Federal IRS Charge

James Snyder will have to pay $78,111.57 in restitution, which is what he still owes for obstructing the IRS, made in monthly payments of $570 a month. He has paid $18,000 of his debt.

Which States Tax the Rich at the Highest Level?

Taxes March 10, 2026 

Which States Tax the Rich at the Highest Level?

Stacker, a website specializing in publishing data, found that the American elite—the top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.

Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?

Taxes March 10, 2026 

Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?

Tax them, and they will flee. That’s the idea behind capital flight, an economic term used by tax critics to describe an exodus of wealth and investments because of higher taxes or cost of doing business.

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