Income Tax January 26, 2026
5 Tips for Taxpayers for a Less-Stress Tax Season
The deadline for filing individual tax returns is April 15, 2026, which is also the deadline for requesting a six-month filing extension.
Taxes January 26, 2026
Welcome to Tax Season 2026
The IRS today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.
Taxes January 26, 2026
Is California’s Proposed Billionaire Tax Smart Policy? History Holds Lessons
In the roiling debate over California's proposed billionaire tax, supporters and critics agree that such policies haven't always worked in the past. But the lessons they've drawn from that history are wildly different.
Taxes January 23, 2026
New Effort to Restore Gambling Loss Tax Deduction Busts in House
The House Rules Committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings.
Taxes January 23, 2026
NATP Unveils Credentialing Program for Tax Professionals
The National Association of Tax Professionals announced Thursday two credentials available for tax practitioners through its new professional credentialing program.
Technology January 23, 2026
April Announces Free Tax Filing for PayPal Debit Card Customers
Tax technology platform april has a new partnership with PayPal that allows U.S. PayPal Debit Mastercard customers to file their 2025 federal and state tax returns for free using april's DIY tax filing service.
Taxes January 22, 2026
California Billionaire Tax Proposal Roils Bay Area Havens, Divides Politicians
The proposal is roiling some of the Bay Area’s havens for the ultra-wealthy and setting off a vitriolic political fight over how far the state should go to fund its health care system—and whether the super-rich will tolerate it.
Taxes January 22, 2026
Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says
Yale University will be admitting fewer graduate students in response to the looming federal endowment tax hike that university officials warn is creating a major budget shortfall.
Taxes January 21, 2026
Mamdani Signals He’s Ready to Push Gov. Hochul on Tax Hikes as NYC Budget Shortfall Looms
Facing a potential $12 billion budget gap, New York City Mayor Zohran Mamdani indicated Jan. 21 he may push Gov. Kathy Hochul in budget negotiations to include tax hikes on millionaires and corporations.
Taxes January 21, 2026
IRS Says Military Members Are Not Taxed for This ‘Qualified Military Benefit’
The payments, which were part of President Donald Trump’s “Warrior Dividend” announced before Christmas and totaled $1,776, were distributed to approximately 1.45 million active-duty service members.
Taxes January 21, 2026
IRS, Treasury Update Safe Harbor Explanations for Retirement Plan Administrators
Notice 2026-13 provides two safe harbor explanations that plan administrators can use to satisfy the requirement under Section 402(f) of the tax code to provide certain information to recipients of eligible rollover distributions.
Taxes January 21, 2026
California Crypto Startup Moves to South Dakota as Debate Over Proposed Wealth Tax Heats Up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires.