Eight states lowered income tax rates on January 1. Is yours among them?
January 10, 2026, 5:04 a.m. ET Some Americans can kick off the new year with the possibility of receiving an income tax break. Interestingly, these cuts are coming from various states rather than the federal government. As of January 1, eight states have reduced their income tax rates, according to a nonprofit think tank. Experts […]
Tax season introduces fresh deductions and updates for Wisconsin taxpayers
Tax Managers Brace for Busy Season in Wisconsin MADISON, Wis. – As new federal and state tax modifications roll out, local accountants are gearing up for what one described as a “crazy tax season.” These updates were enacted under President Donald Trump’s recently signed “Big Beautiful Bill,” finalized in July. Scott Schweiger, who is with […]
Kiggans opposes extending the ACA tax credit for three years, stating it’s ‘not the right answer’
House Republicans Vote on ACA Tax Credit Bill This week, a group of 17 House Republicans broke ranks and voted alongside Democrats to support a bill aimed at reinstating the Affordable Care Act tax credit for three years. However, Rep. Jen Quiggans, representing areas that include Virginia Beach and Suffolk, chose not to participate in […]
Silicon Valley Billionaires Worried About California’s Suggested Wealth Tax
Did California Lose Larry Page? Larry Page, the Google and Alphabet co-founder, stepped back from his daily responsibilities in 2019. Since then, his wealth has seen an astronomical rise, jumping from around $50 billion to an impressive $260 billion today. It’s safe to say that taking a step back from work hasn’t hurt his finances. […]
IRS announces the start date for the 2026 tax season and important updates that will impact your refunds
IRS Announces Start of 2026 Tax Filing Season The Internal Revenue Service has officially announced the beginning of the 2026 tax filing season and highlighted a number of changes that will impact many taxpayers. Starting on Monday, January 26, 2026, the IRS will accept federal tax returns for the 2025 tax year, with the deadline […]
Greece Issues Updated Tax Guide for Citizens Residing Overseas
Greece Releases New Tax Guide for Citizens Abroad Greece has unveiled a detailed tax guide aimed at citizens living permanently outside the country who still have financial or legal obligations in Greece. This initiative, launched by the Independent Authority for Revenue (IAPR – AADE), addresses long-standing issues raised by expatriates, reflecting a shift towards a […]
Property tax bills are coming. However, be cautious: changes to USPS may impact mailed payments this year.
Property Tax Payments and Options in Cuyahoga County CLEVELAND, Ohio — Property tax bills for the first half of 2025 will go out next week, with payments due on February 19. Homeowners intending to pay by mail should plan accordingly to avoid postal delays. Residents have various payment options. They can pay by phone, online, […]
Key IRS update: Opening day for the 2026 tax filing season
Upcoming Tax Season Details Revealed We now have the confirmed start date for when the Internal Revenue Service will begin processing tax returns this year. Officials have announced that the tax filing season will kick off on Monday, January 26. While you can submit your return before this date, it won’t be processed until January […]
Is a Somali terror group benefiting from your tax money? Whistleblowers raised concerns about childcare fraud in Minnesota ten years ago.
Minnesota has recently come under fire due to significant issues with child care fraud, particularly involving local Somali communities, leading to millions of taxpayer dollars potentially being misappropriated. However, this isn’t a new issue; whistleblowers have been raising alarms about the scope of this problem for almost a decade. Despite these warnings, tangible progress or […]
Tech expert cautions that California’s tax increases will lead to a large departure of billionaires.
High-profile figures like Google co-founder Larry Page and Oracle founder Larry Ellison are leaving California, and officials are concerned this trend will escalate by 2026. Silicon Valley entrepreneur Alison Huynh shared with Fox News Digital that two tax proposals from Democrats might push even more wealthy individuals to exit the state. Huynh, who has a […]