Taxes March 10, 2026
Stacker, a website specializing in publishing data, found that the American elite—the top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.
Taxes March 10, 2026
Tax them, and they will flee. That’s the idea behind capital flight, an economic term used by tax critics to describe an exodus of wealth and investments because of higher taxes or cost of doing business.
Taxes March 10, 2026
A budget battle is unfolding in Albany as state lawmakers in their budget proposals unveiled a push for tax hikes on both wealthy individuals and corporations to supply New York City with more money.
Small Business March 10, 2026
A U.S. trade court has revived a challenge to President Donald Trump’s move to end a tariff exemption for low-dollar imports, resuming a legal fight with financial stakes for online retailers and small businesses as well as Americans who directly buy goods overseas.
Taxes March 10, 2026
Several provisions enacted in the One Big Beautiful Bill Act, which apply to the 2025-2028 tax years, may impact taxpayers’ returns. Here are five to consider before filing.
Taxes March 9, 2026
Sen. Cory Booker (D-NJ) plans to propose legislation Tuesday that would increase the standard deduction to $75,000 for married couples filing jointly.
Taxes March 9, 2026
For the week ending Feb. 27, the average refund was $3,742, up 10.6% over the average of $3,382 for the same timeframe last year.
Taxes March 9, 2026
In a letter to the tax agency, the American Institute of CPAs asked the IRS to expand the First Time Abatement program in order to cover more types of tax and information return penalties.
Taxes March 9, 2026
The Washington State Supreme Court's 1933 Culliton v. Chase decision spawned Washington's often-criticized tax structure, which relies heavily on sales and business taxes.
IRS March 9, 2026
Kathleen Mannion, 59, of Lawrence, MA, pleaded guilty last May to four counts of aiding and assisting in the preparation and filing of a false tax return and one count of theft of government money.
Taxes March 9, 2026
U.S. Sens. Ted Cruz, R-Texas, and Tim Scott, R-S.C., asked the Treasury Department to cut capital gains taxes on investors—and they claim the move does not need congressional approval.
Small Business March 6, 2026
The Trump administration said in a filing Friday that it is not equipped to immediately refund the more than $166 billion importers have paid or even stop charging the tariffs this week.