Looking for a larger tax refund this year? Certain workers might qualify for a new deduction.
Tax Experts Highlight Important New Law for Filers Tax professionals are encouraging taxpayers to familiarize themselves with a new law that could lead to larger refunds. The 2026 tax deadline is approaching quickly, set for April 15. In Washington, as the April 15 filing date nears, something important is changing for many hourly workers: a […]
Looking for a larger tax refund this year? Certain workers might qualify for a new deduction.
New Overtime Deductions Could Boost Tax Refunds Tax professionals are encouraging filers to familiarize themselves with a recent law that might lead to higher refunds. The upcoming tax deadline is April 15, 2026. As taxpayers gear up for the April 15 filing date, they should be aware of a significant new deferral impacting many hourly […]
Government tax money supports health care plans in ways you might not be aware of.
Understanding Health Insurance Subsidies Subsidies—whether people see them positively or negatively—have been a hot topic since the Affordable Care Act was signed. Lately, many enrollees have turned their attention to this aspect of healthcare. While lawmakers are still debating the future of healthcare affordability, it’s easy to think that the subsidies tied to the ACA […]
Bernie Sanders supports California’s tax on billionaires at an event
Sanders Backs California’s Billionaire Tax Initiative During an event in California, Senator Bernie Sanders expressed strong support for the state’s proposed “billionaire tax.” He emphasized the importance of democratic power, stating, “Billionaires will learn that we still live in a democracy.” He criticized pervasive greed and moral decline in the country. Speaking to a crowd […]
Mamdani and Kathy Hochul face off as ‘catastrophic’ tax proposal is uncertain
Debate Over Tax Increases in New York City Jerry Baker, the editor-in-chief of the Wall Street Journal, expressed concerns over New York City Mayor Zoran Mamdani’s proposal to increase taxes on the affluent, labeling it potentially “disastrous.” His comments come amidst disagreements between Democratic socialists and state officials about the feasibility of this tax plan. […]
Oregon starts sending tax refunds and ‘kicker’ payments to electronic filers; those submitting paper returns will have to wait until April.
Oregon Department of Revenue Begins Tax Refunds for 2025 The Oregon Department of Revenue has shared that over 500,000 e-filed tax returns have already been processed, and refunds for the 2025 tax year are now being mailed out. Most taxpayers can expect their refunds within two weeks of filing. That said, some returns might need […]
Mamdani puts Hochul in a difficult position and leaves Democrats anxious with bold ‘tax the rich’ demand: ‘A slap in the face’
Mayor Zoran Mamdani’s bold proposal to “tax the rich” has caught the attention of both progressives and conservatives, putting Governor Kathy Hochul in a challenging position, especially in an election year, officials expressed to the Post. When asked about Mamdani’s potentially reckless call for a 2% billionaire tax—threatening a 9.5% property tax rise if his […]
Kevin Kiley aims to stop the widespread departure of billionaires from California by challenging the wealth tax.
California Lawmakers Push Back Against Wealth Tax In a bid to halt the departure of billionaires and significant wealth from California, lawmakers are challenging a proposed wealth tax they deem “fundamentally unfair.” Representative Kevin Kiley (R-Calif.) is set to introduce a bill on Friday aimed at preventing the state from imposing retroactive taxes on individuals […]
DC Mayor Bowser criticizes NYC Mayor Mamdani regarding tax increases
Bowser Critiques New York’s Tax Plans Mayor Muriel Bowser of Washington, D.C. has taken a strong stance against New York City’s Mayor Zoran Mamdani’s proposal to increase taxes, calling on residents to be vigilant about similar initiatives in their own city. Although Bowser, a Democrat who is not running for a fourth term, clarified that […]
8 tax breaks for homeowners under the OBBB
You don’t purchase a home primarily for the tax benefits. Those deductions can be nice perks, especially when you factor in the various costs that come with owning a home. Here are eight tax relief tips that every homeowner should keep in mind. These have been updated for the 2026 tax year following changes in […]