Taxes January 9, 2026
House Votes to Renew Obamacare Tax Credits in Blow to GOP Leaders
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 9, 2026
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 9, 2026
There's no doubt the U.S. needs more tax revenue, but there are far better ways to get it than tariffs, wealth taxes or flat taxes.
Taxes January 8, 2026
The IRS expects to receive about 164 million individual income tax returns this year, with most taxpayers filing electronically.
Taxes January 8, 2026
The plaintiffs say the Simplified Sellers Use Tax, a flat 8% tax on online sales that the state began collecting in 2016, is no longer valid because of a U.S. Supreme Court ruling in 2018.
Taxes January 7, 2026
Swing-district Republicans defied party leaders to join Democrats in advancing legislation Wednesday to revive expired Obamacare subsidies for three years.
Taxes January 6, 2026
For years, workers nearing retirement could decide whether to take the immediate tax break of pretax savings in their 401(k) plans or build tax-free income they could access later from a Roth IRA. But starting in January, that choice will disappear for high-income earners.
Taxes January 6, 2026
The lawsuit filed by opponents of Michigan's 24% wholesale marijuana tax that took effect Jan. 1 may continue, a Court of Claims judge ruled on Jan. 5.
Taxes January 6, 2026
A quietly released USPS postmark change update is changing how postmark dates are defined and applied, creating real problems for taxpayers.
Taxes January 5, 2026
The controversial proposed ballot measure is already creating fractures among powerful Democrats who enjoy tremendous sway in California.
Taxes January 5, 2026
The pro-business Massachusetts Opportunity Alliance is pushing for a pair of proposed ballot questions this year. One of them would lower the state’s income tax from 5% to 4%.
Taxes January 5, 2026
With a Dec. 31 deadline to connect solar panels before a significant federal tax credit for homeowners expired, installers were racing to mount panels before the incentive evaporated.
Taxes January 5, 2026
Gamblers and casual bettors nationwide face a new tax reality: Starting in 2026, they can deduct just 90% of their losses against winnings, a drop from the prior full 100% allowance.