Taxes April 10, 2025
President Donald Trump is pushing for what he has branded as “one big, beautiful bill,” including all major planks of his agenda for tax cuts, mass deportations, and a smaller federal government.
Taxes April 10, 2025
The average federal tax refund amount varies widely across states, with the highest refunds for taxpayers located in parts of the South and Mountain West, according to a new analysis from Upgraded Points.
Taxes April 10, 2025
Lawmakers have until the end of the year to act before those first-term tax cuts expire, though Republican leaders are anxious to quickly lock in a new round of reductions and the conflict over safety-net cutbacks presents an obstacle.
Taxes April 9, 2025
More Americans believe what they pay in federal income taxes to the IRS is unfair, as tax fairness nearly reaches an all-time low, according to a new Gallup poll.
Taxes April 8, 2025
The IRS will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations, saying it will support President Donald Trump’s pledge to deport people illegally in the U.S.
Taxes April 8, 2025
Republicans are reportedly mulling the idea of creating a new top tax rate that would be around 39% to 40% as a way to offset some of the costs of their tax package.
Taxes April 8, 2025
The total income tax for the top 1% is more than $50 billion in four states, according to a GOBankingRates report—California ($122 billion), Florida ($96 billion), Texas ($81 billion), and New York ($79 billion).
Taxes April 7, 2025
The IRS issued a reminder on April 4 that those who are filing from areas where disaster declarations took place in 2024 get until May 1 to file.
Taxes April 7, 2025
More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filers getting back about 4% more than they did last year.
Taxes April 4, 2025
More than one-quarter of respondents (28%) noted that filing their taxes incorrectly is a top concern during tax season, and another 14% are concerned about not understanding the tax filing process or requirements.
Taxes April 4, 2025
The Tax Blotter is a round-up of recent tax news and Tax Court rulings.
Mergers and Acquisitions April 2, 2025
The Dallas-based tax services firm has expanded its income tax practice after acquiring Brayn Consulting, a Houston-based tax firm that specializes in research and development, cost segregation, and green energy income tax incentives.