Taxes July 17, 2026
Some state lawmakers are reviving the push to tax Michigan’s wealthiest earners to drum up more money for K-12 schools after a campaign to get a proposal on November’s ballot was suspended earlier this year.
Taxes January 12, 2026
Taxpayers can begin preparing their taxes now and then have the system electronically file the return once the IRS officially starts accepting them later this month.
Taxes January 12, 2026
Sen. Bernie Moreno, R-Ohio, is one of approximately a dozen senators who're participating in talks to extend Obamacare credits that lapsed on Jan. 1, according to Politico.
Taxes January 12, 2026
Gov. Gavin Newsom on Jan. 9 doubled down on California’s commitment to electric vehicles with proposed rebates intended to backfill federal tax credits canceled by the Trump administration.
Taxes January 9, 2026
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 9, 2026
There's no doubt the U.S. needs more tax revenue, but there are far better ways to get it than tariffs, wealth taxes, or flat taxes.
Taxes January 8, 2026
The lawsuit filed by opponents of Michigan's 24% wholesale marijuana tax that took effect Jan. 1 may continue, a Court of Claims judge ruled on Jan. 5.
Taxes January 8, 2026
The IRS expects to receive about 164 million individual income tax returns this year, with most taxpayers filing electronically.
Taxes January 8, 2026
The plaintiffs say the Simplified Sellers Use Tax, a flat 8% tax on online sales that the state began collecting in 2016, is no longer valid because of a U.S. Supreme Court ruling in 2018.
Income Tax January 8, 2026
While there have been several unusual deductions that were approved by the courts or the IRS, here are 10 that didn’t make the grade.
Taxes January 7, 2026
Swing-district Republicans defied party leaders to join Democrats in advancing legislation Wednesday to revive expired Obamacare subsidies for three years.
Taxes January 6, 2026
For years, workers nearing retirement could decide whether to take the immediate tax break of pretax savings in their 401(k) plans or build tax-free income they could access later from a Roth IRA. But starting in January, that choice will disappear for high-income earners.
Taxes January 6, 2026
As the 2026 tax filing season gets underway, take note of these seven “wild and crazy” deductions that have previously been allowed.