Taxes April 29, 2026
Should California Tax Retirement Accounts? Campaign Wants Voters to Block Any New Efforts
The effort, though, may have an impact on a dueling campaign to tax California's billionaires to offset federal healthcare cuts.
Taxes January 22, 2026
Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says
Yale University will be admitting fewer graduate students in response to the looming federal endowment tax hike that university officials warn is creating a major budget shortfall.
Taxes January 21, 2026
Mamdani Signals He’s Ready to Push Gov. Hochul on Tax Hikes as NYC Budget Shortfall Looms
Facing a potential $12 billion budget gap, New York City Mayor Zohran Mamdani indicated Jan. 21 he may push Gov. Kathy Hochul in budget negotiations to include tax hikes on millionaires and corporations.
Taxes January 21, 2026
IRS Says Military Members Are Not Taxed for This ‘Qualified Military Benefit’
The payments, which were part of President Donald Trump’s “Warrior Dividend” announced before Christmas and totaled $1,776, were distributed to approximately 1.45 million active-duty service members.
Taxes January 21, 2026
California Crypto Startup Moves to South Dakota as Debate Over Proposed Wealth Tax Heats Up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires.
Taxes January 21, 2026
Boston Mayor Michelle Wu Not Backing Down From Tax Shift Bill After Massachusetts Senate Rebuke
Boston Mayor Michelle Wu said twice this week that she intends to stick with her bill to override the state’s property tax law despite continued opposition.
Taxes January 21, 2026
Poll Funded by Opponents of California’s Wealth Tax Finds Support for Ballot Measure Under 50%
According to the poll, which was paid for by wealthy residents of both Northern and Southern California, just 48% of the 800 likely voters surveyed would vote yes on the tax if the election were held now.
Sales Tax January 21, 2026
Upset About Online Sales Tax Lawsuit, Alabama Senator Proposes Cutting Cities’ Tax Revenue
Republican state Sen. Greg Albritton has filed two bills aimed at pressuring several cities to drop a lawsuit challenging the state's internet sales tax, known as the Simplified Sellers Use Tax.
Small Business January 21, 2026
Supreme Court Doesn’t Rule on Tariffs, With Next Potential Decision in February
After Wednesday’s hearing on President Donald Trump’s effort to fire Federal Reserve Governor Lisa Cook, the justices don’t have another scheduled courtroom session until Feb. 20.
Sales Tax January 20, 2026
Kim Kardashian’s Clothing Company Settles New Jersey Sales Tax Allegations
SKIMS has agreed to pay a $200,000 civil penalty to New Jersey to settle allegations that it collected sales tax on tax-exempt clothing items sold to New Jersey customers.
Taxes January 20, 2026
Reps. Pappas, Lawler Propose Bipartisan New Energy Tax Credit for Working Families
U.S. Reps. Chris Pappas (D-N.H.) and Mike Lawler (R-N.Y.) are proposing a temporary 75% federal tax credit for moderate-income families that pay more than 3% of their annual income on energy costs.
Taxes January 20, 2026
Reps. Miller and Horsford Introduce House Bill to Restore Gambling Loss Tax Deduction
The Facilitating Useful Loss Limitations to Help Our Unique Service Economy Act would restore the long-standing rule allowing gamblers to deduct 100% of their gambling losses against their winnings.
Taxes January 20, 2026
Explaining California’s Billionaire Tax: The Proposals, the Backlash and the Exodus
The battle over a new tax on California's billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich to better serve its ordinary residents.