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House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’

Taxes April 29, 2026 

House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’

Introduced by Rep. Jimmy Panetta (D-CA), the SEED Act would allow early childhood educators to take a tax deduction for classroom supplies, educational materials and professional development opportunities.

Featured Articles

April 29, 2026  

House Approves Smucker Tax Legislation to Help Sexual Assault Survivors

April 28, 2026  

Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law

April 28, 2026  

Massachusetts Tax Preparers Charged in Connection with Using Fraudulent Returns to Buy House

April 28, 2026  

Accountant, Data Analyst Accuse Exxon Mobil and Empire Petroleum of Defrauding Taxpayers in Orphan Well Scheme

April 27, 2026  

Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts
Most Couples Keep at Least Some of Their Money Separate, Survey Reveals

Payroll February 12, 2026 

Most Couples Keep at Least Some of Their Money Separate, Survey Reveals

Most couples in committed relationships (62%) keep at least some financial accounts in their name only, according to new Bankrate survey data.

5 Credit Card Trends to Watch for in 2026

Payroll February 12, 2026 

5 Credit Card Trends to Watch for in 2026

Reward programs are growing ever more complex, while AI and Gen Z will begin exerting even more influence on the market.

U.S. Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

Payroll February 11, 2026 

U.S. Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

U.S. payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell to 4.3%, suggesting the labor market continued to stabilize at the start of 2026.

Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay

Taxes February 11, 2026 

Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay

Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.

Michigan Gov. Whitmer Wants New Taxes on Tobacco, Sports Betting to Keep Health Spending Stable

Taxes February 11, 2026 

Michigan Gov. Whitmer Wants New Taxes on Tobacco, Sports Betting to Keep Health Spending Stable

To raise revenue and offset an increased state cost of administering Medicaid, Michigan Gov. Gretchen Whitmer is proposing six new taxes: on tobacco and vapes, digital advertising and sports betting, along with a new internet tax rate on the state’s largest casinos.

Report Finds Trump’s Tariffs Cost U.S. Households $1,000 on Average in 2025

Taxes February 10, 2026 

Report Finds Trump’s Tariffs Cost U.S. Households $1,000 on Average in 2025

The report from the Tax Foundation found that American households had a tax increase of $1,000 in 2025 and an increase of $1,300 in 2026 as a result of President Donald Trump’s tariffs.

19 States Offer Tax Credits for Private School Scholarship Donations

Taxes February 10, 2026 

19 States Offer Tax Credits for Private School Scholarship Donations

According to the National Conference of State Legislatures, most states began offering tax credits for donating to scholarship granting organizations since the turn of the century.

Sen. Bernie Sanders to Kick Off California Billionaire Tax Campaign

Taxes February 10, 2026 

Sen. Bernie Sanders to Kick Off California Billionaire Tax Campaign

The independent senator from Vermont, who caucuses with Democrats in the nation's Capitol, will appear Feb. 18 to formally kick off the campaign to place a new tax on billionaires on California's November ballot.

Washington’s Millionaires Tax Advances in State Senate with Some Changes

Taxes February 10, 2026 

Washington’s Millionaires Tax Advances in State Senate with Some Changes

A proposed Washington income tax on people earning more than $1 million has cleared its first legislative hurdle, with the Senate Ways and Means Committee passing the plan Monday—with some tweaks.

Michigan Governor Floats ‘Sales Tax Holiday’ for School Supplies, Property Tax Refund for Seniors

Taxes February 10, 2026 

Michigan Governor Floats ‘Sales Tax Holiday’ for School Supplies, Property Tax Refund for Seniors

Ahead of her Feb. 11 budget presentation, which will cover the 2027 fiscal year, Gov. Gretchen Whitmer shared several sneak peeks, including the two tax relief proposals.

Oregon Democrats’ Bill to Add $300M to State’s Budget by Ending 3 Trump Tax Breaks Advances

Taxes February 10, 2026 

Oregon Democrats’ Bill to Add $300M to State’s Budget by Ending 3 Trump Tax Breaks Advances

Oregon Democrats advanced their plan to generate more than $300 million for the current state budget by ending several state tax breaks copied from President Donald Trump’s big 2025 tax- and budget-cutting bill.

Opinion: This Tax-Refund Bonanza Won’t Do What Bessent Says It Will

Taxes February 9, 2026 

Opinion: This Tax-Refund Bonanza Won’t Do What Bessent Says It Will

Treasury Secretary Scott Bessent has been talking up Americans getting bigger-than-usual tax refunds this year for months, saying that it will help spark “a non-inflationary boom.” That's unlikely.

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