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House Republicans aim to prevent DC from halting Trump tax breaks for tipped employees

House Republicans aim to prevent DC from halting Trump tax breaks for tipped employees

House Passes Bill Targeting D.C. Government’s Tax Actions On Wednesday, the House of Representatives approved a bill designed to prevent local authorities in Washington, D.C., from implementing some aspects of President Donald Trump’s tax law. The D.C. City Council, known for its progressive policies, has enacted a local law to obstruct certain portions of Trump’s […]

How your tax situation shifts when you purchase a home instead of renting

How your tax situation shifts when you purchase a home instead of renting

Deciding to become a homeowner brings a host of changes compared to renting. Suddenly, you’re responsible for repairs and, well, the fun of painting your walls any color you fancy. Plus, you start building capital instead of just giving your landlord a monthly check. However, there’s a twist for many first-time buyers: tax season looks […]

Some Americans May Receive Significant Tax Refunds Following Court Decision

Some Americans May Receive Significant Tax Refunds Following Court Decision

The recent court ruling opens the door for more Americans in three states to potentially claim significant tax refunds. This month, the U.S. Court of Appeals for the Fifth Circuit reversed a previous Tax Court decision, specifically in the case of Sirius Solutions, LLLP v. Commissioner. As a result, individuals in Texas, Louisiana, and Mississippi […]

Millions of Americans Encouraged to Check Tax Credits

Millions of Americans Encouraged to Check Tax Credits

New York State Encourages Taxpayers to Review Eligibility for Tax Credits New York state is urging millions of taxpayers to assess their eligibility for various tax credits as we approach the 2026 tax season. For the 2025 tax year, both the Earned Income Tax Credit and the Empire State Child Credit could lead to substantial […]

Critics Caution as Republicans Allow ‘Carbon Tax Framework’ to Pass in Funding Bill

Critics Caution as Republicans Allow 'Carbon Tax Framework' to Pass in Funding Bill

The directive found in the January “minibus” document marks an initial move toward the possibility of a carbon tax or tariff, according to insights from several energy policy experts speaking with the Daily Caller News Foundation. The energy and environment bill from January 15 featured a report from the Senate Appropriations Committee. The Department of […]

Incorrect state name reveals issues with tax forms sent to state employees

Incorrect state name reveals issues with tax forms sent to state employees

Rhode Island’s challenged new payroll system for state employees is facing another setback. Recently, the W-2 tax forms sent to employees had several errors, including problems with state names and numbers. As a result, the state will be distributing corrected W-2 forms. There’s an acknowledgment that these forms were mistakenly issued under the Rhode Island […]

Grasping gas tax increases and their impact on your state

Grasping gas tax increases and their impact on your state

Fuel Tax Changes in 2026: What You Need to Know As 2026 rolls around, fuel taxes across the U.S. will see some adjustments. While many drivers might not realize these changes until their tanks are filled up, the effects could be significant depending on where they live. Some states are making minor tweaks, increasing rates […]