State and Local Taxes February 20, 2026
Which States Have the Highest Taxes?
"Tax burden" measures the proportion of total personal income that residents pay toward state and local taxes. And it’s not uniform across the U.S. either.
Taxes February 20, 2026
Millions of Eligible Filers Didn’t Use IRS Free File
Only 2% of federal income tax returns were filed through Free File, despite 70% of filers qualifying, according to a NerdWallet analysis.
Taxes February 19, 2026
Most Taxpayers Trust Tax Pros Over AI for Tax Preparation, Survey Finds
A majority of Americans say they don't trust artificial intelligence to prepare their taxes—even less so now than last year, according to a new report from Invoice Home.
Advisory February 19, 2026
Online Creators Worried About Finances and Income Taxes – A Growing Opportunity for Tax and Accounting Pros
As the creator economy expands into what industry estimates place at a $205 billion global market, many content creators are discovering that growth brings new business responsibilities alongside creative opportunity.
Taxes February 19, 2026
Sanders Kicks Off California Billionaires Tax Campaign with Choice Words for the ‘Oligarchs’
Sen. Bernie Sanders on Wednesday formally kicked off the campaign to place a billionaires tax on the November ballot, framing the proposal as something larger than a debate about economic and tax policy.
Taxes February 18, 2026
GOP Lawmaker Proposes Measure to Block Key Element of Proposed California Wealth Tax
Rep. Kevin Kiley says he will introduce the "Keep Jobs in California Act of 2026" on Friday. The measure would prohibit any state from levying taxes retroactively on individuals who no longer live there.
Taxes February 18, 2026
Here’s the Average Tax Refund So Far for Filing Season 2026, According to IRS Data
Early filers in the 2026 tax season are receiving larger tax refunds on average compared with last year, according to the latest weekly statistics released by the Internal Revenue Service.
Taxes February 18, 2026
2026 Tax Filing and Form 1099-K – Know the New Rules This Tax Season
People who earn income or receive payments through third-party settlement organizations like Cash App, eBay, Etsy, PayPal, and Venmo—for the payment of “goods or services”—may receive Form 1099-K this year. Here are the new rules.
Tax Planning February 18, 2026
Planning for Charitable Contributions in 2026
H.R.1, the One Big Beautiful Bill Act, made several changes to the tax rules for charitable contributions, including a new charitable contribution deduction for non-itemizers effective starting in 2026.
Taxes February 18, 2026
Mamdani Proposes 9.5% NYC Property Tax Hike for Budget Gap if Governor Doesn’t Act
The proposed 9.5% hike, which New York City Mayor Zohran Mamdani framed as the city’s nuclear option to close a $5.4 billion budget gap, would be the first of its kind since 2003.
Taxes February 18, 2026
Washington Governor Says Income Tax Proposal on Millionaires a ‘Good Start,’ But Wants More Tax Relief
Gov. Bob Ferguson said Tuesday that the current legislation to impose a state income tax on millionaires is a "good start," but called on lawmakers to devote more of the revenue to direct tax breaks and relief for residents.
Taxes February 17, 2026
NYC Mayor Zohran Mamdani Mulls Property Tax Hike, Pushes Governor to Tax the Wealthy
Mamdani is expected to propose raising property taxes to balance the city budget on Tuesday, in the face of Gov. Kathy Hochul’s continued resistance to raising taxes on the wealthy and corporations.