Taxes March 10, 2026
Law Professor Learns Harsh State Income Tax Lesson
A law school professor working from home contested a state law requiring him to pay tax to a different state than the one where he resides.
Taxes March 10, 2026
Which States Tax the Rich at the Highest Level?
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
Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?
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
New York Lawmakers Propose Boosting Taxes on the Rich, Challenging Hochul and Aligning with Mamdani
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
Legal Fight Reopens Over Trump’s Push to Tax Low-Value Imports
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
5 Tax Changes to Account for Before Filing 2025 Tax Returns
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
Booker to Propose Bill That Would Make First $75K in Earnings Tax Free for Married Couples
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
Tax Refunds Are Up Nearly 11% So Far in 2026, According to IRS Data
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
AICPA Urges IRS to Expand First Time Abatement Program
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
Washington State’s ‘Millionaires Tax’ Proposal Haunted by 1933 Court Decision
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
Former IRS Agent Sentenced to 18 Months in Prison
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
Senators Push Trump for $200B Tax Cut Without Congress; Experts Say It’s Illegal
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.