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California Considers Tax on Retirement Accounts

Taxes April 29, 2026 

California Considers Tax on Retirement Accounts

The effort, though, may have an impact on a dueling campaign to tax California's billionaires to offset federal healthcare cuts.

Featured Articles

April 29, 2026  

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

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
Despite Political Promises, Californians are Stressed About Their Finances

Payroll May 9, 2025 

Despite Political Promises, Californians are Stressed About Their Finances

After voters in November sent a clear message that the rising cost of living remained a top concern, California lawmakers came to the state Capitol vowing to take decisive action.

 Trump Seeks Tax Hike on Wealthy Earning $2.5 Million or More

Taxes May 9, 2025 

Trump Seeks Tax Hike on Wealthy Earning $2.5 Million or More

The president’s proposal calls for creating a new 39.6% tax bracket for individuals earning at least $2.5 million, or couples making $5 million.

Poll: Trump Says Harvard Shouldn’t be Tax-Exempt, But Do Voters Agree?

Taxes May 9, 2025 

Poll: Trump Says Harvard Shouldn’t be Tax-Exempt, But Do Voters Agree?

According to a new Economist/YouGov poll of 1,850 U.S. adults, Americans are divided over whether Harvard’s tax-exempt status should be changed.

Man Who Made False Gun Threat at Kansas City IRS Campus Gets Prison Sentence

IRS May 9, 2025 

Man Who Made False Gun Threat at Kansas City IRS Campus Gets Prison Sentence

Anthony Alford, 46, of Kansas City, who was accused of making a false gun threat that set off an active shooter lockdown at the Kansas City IRS campus last year, has been sentenced to three years in prison.

South Carolina Treasurer’s Office Under Investigation by State’s Inspector General

Accounting May 8, 2025 

South Carolina Treasurer’s Office Under Investigation by State’s Inspector General

The investigation follows a House decision not to take up a Senate resolution to remove Curtis Loftis as state treasurer this year over a $1.8 billion accounting error.

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Payroll May 8, 2025 

Tech Industry Jobs and Layoff Woes Jolt San Francisco Bay Area

The Bay Area tech industry’s jobs sector has nosedived to kick off 2025, a plunge punctuated by layoff plans recently disclosed by a San Jose company.

Louisiana Unemployment Benefits Could Have Stricter Rules

Payroll May 8, 2025 

Louisiana Unemployment Benefits Could Have Stricter Rules

Louisiana could require residents who get unemployment insurance to do more to find new jobs if a bill advancing in the legislature becomes law.

Feds’ Latest Tool in Push to Curb Immigration: Workers’ Tax IDs

Taxes May 7, 2025 

Feds’ Latest Tool in Push to Curb Immigration: Workers’ Tax IDs

A recent agreement between the IRS and U.S. Immigration and Customs Enforcement to share immigrants’ tax information has raised growing concern about how data tied to ITINs and their holders might be used.

student loan debt 1  5540c75d371dd

General News May 6, 2025 

Student Loan Collections Start This Week

Starting Monday, the government will resume collections on federal student loans that are more than 270 days past due.

Trump Wants Tax Deduction for Interest on Loans to Buy U.S.-Made Cars. Can it Happen?

Taxes May 5, 2025 

Trump Wants Tax Deduction for Interest on Loans to Buy U.S.-Made Cars. Can it Happen?

The White House hasn’t provided any details of how the tax break would work, but the president touted it during the 2024 campaign and reiterated his support last month.

Trump’s Attack on Harvard’s Tax-Exempt Status Could Be a Problem for the IRS

Taxes May 5, 2025 

Trump’s Attack on Harvard’s Tax-Exempt Status Could Be a Problem for the IRS

Experts say the IRS would face an “uphill climb” if it decided to move ahead against Harvard. And that fight could potentially take years.

Trump Asks Supreme Court for DOGE Access to Social Security Data

Payroll May 5, 2025 

Trump Asks Supreme Court for DOGE Access to Social Security Data

The Trump administration is challenging a federal trial judge’s order blocking DOGE from having full access to personally identifiable information in the Social Security Administration database.

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