Socorro ISD workers deal with rising health insurance expenses following unsuccessful tax proposal
Health Insurance Premiums Rise for SISD Employees Following Failed Proposal Employees of the Socorro Independent School District will face increased health insurance premiums and decreased take-home pay after voters recently turned down a tax proposal that could have provided the district with up to $49.2 million. The district had intended to use $5 million from […]
Zohran Mamdani engages with New York Democratic leaders crucial for advancing his ‘tax the rich’ proposals.
SAN JUAN, Puerto Rico — TaxMam is coming. Mayor-elect Zoran Mamdani was seen mingling with state legislative leaders in Puerto Rico on Friday, where he was lauded as a “man of the hour.” Meanwhile, Democratic socialists criticized President Trump, who reiterated his commitment to combat “authoritarian” regimes. During the annual SOMOS conference, House Speaker Carl […]
Oregon kicker tax credit: Here’s how to check your refund amount
Bend, Oregon News: Tax Surplus Announcement BEND, Ore. — On Friday, the Oregon Department of Revenue revealed that the state anticipates a surplus of $1.41 billion for the 2023-2025 biennium, which means Oregonians can look forward to the kicker tax credit in 2026. These tax credits are provided every two years. Eligible residents who file […]
Crisis Arises After AI Giant Suggests Taking Your Tax Money If They Don’t Succeed
OpenAI recently attempted to set the stage for a potential taxpayer bailout, but it faced immediate backlash. A Sunday article in The Wall Street Journal suggested that the company is now “too big to fail.” This notion implies that if OpenAI were to go bankrupt, it would significantly impact the U.S. economy, requiring government intervention […]
The IRS is ending a no-cost option for filing tax returns. Here’s what to understand.
IRS Direct File Program Discontinued for Next Year The IRS’s Direct File system, which allowed taxpayers to file their returns electronically for free, will not be available in the upcoming year. This confirmation came from an email sent by IRS official Cynthia Noe to state auditors involved in the program. “IRS Direct File will no […]
IRS terminates free tax filing service offered in 25 states
IRS Discontinues Free Direct File Option for Taxpayers Taxpayers in 25 states will need to consider new methods for filing their taxes in 2026 as the IRS has announced the termination of the free Direct File program. This initiative, which began under President Joe Biden, is officially coming to an end, although specific details are […]
IRS will not provide a free tax filing system next year, confirms Trump administration.
IRS Direct File Discontinued for 2026 Tax Season WASHINGTON — The IRS has confirmed that its free electronic tax filing system, IRS Direct File, will not be available next year. This news was communicated via an email from IRS official Cynthia Noe to state auditors involved in the program. “IRS Direct File will no longer […]
IRS Offers Tax Relief for Tips
New Reporting Requirements for Employers With the introduction of the One Big Beautiful Bill Act (OBBB) in July 2025, employers have new obligations regarding the reporting of cash tips and overtime compensation on their tax returns. The IRS and Treasury have, however, decided to lessen penalties for the upcoming 2025 tax year. Why It Matters […]
New York Democrats consider Zohran Mamdani’s tax increase proposal with primary challenges ahead: ‘Conveys a message’
Support for Mayor-elect’s Tax Plans Grows Among State Lawmakers Democratic state lawmakers are showing some openness to the tax increase proposals from Mayor-elect Zoran Mamdani. Supporters suggest that politicians who resist his left-leaning policies may encounter significant challenges ahead. Mamdani aims to impose higher taxes on the wealthy and corporations to generate $9 billion, which […]
IRS Discontinues Popular Free Direct File Option for the 2026 Tax Season
IRS Direct File Program Discontinued It’s official—the Direct File program, which allowed taxpayers to e-file their taxes for free through the IRS, has been discontinued, a decision made during the Trump administration. This week, reports emerged indicating that the IRS had sent emails to states notifying them of the program’s closure for the upcoming tax […]