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On May 18, 2025 , House Republicans moved forward with a sweeping tax reform and spending package — unofficially titled the “One Big...

The House Ways and Means Committee recently advanced a comprehensive tax reform package, dubbed the "One Big Beautiful Bill," aiming to...

On May 15, 2025 , the IRS officially opened the application period for its 2026 Low Income Taxpayer Clinic (LITC) grant program  — a key...

The IRS has announced that federal interest rates will remain unchanged  for the third quarter of 2025. These rates apply to tax...

On May 9, 2025, the House Ways and Means Committee released a comprehensive draft of new tax legislation, informally dubbed the "One,...

In a surprise move that rippled across global markets, the United States and China have agreed to a 90-day suspension of elevated tariffs...

Connecticut is entering a high-stakes budget debate as state lawmakers consider imposing a 1.75% surcharge on capital gains  for...

Missouri is on the verge of a bold tax policy shift: becoming the first U.S. state to fully eliminate capital gains taxes  on individual...

The IRS has released updated data showing that the average tax refund for the 2025 filing season rose by 3.3%  compared to 2024 — up to...

As part of its FY2026 state budget, New York has approved a $2 billion inflation relief package  aimed at providing direct financial...

A new tax bill has introduced a campaign promise-turned-legislation: no income tax on overtime pay  — with specific income limits to...

Governor Wes Moore has unveiled a broad tax reform plan aimed at closing Maryland’s projected budget shortfall and modernizing the...

In a landmark move, Hawaii has passed Senate Bill 1396 , raising the state’s hotel and vacation rental tax from 9.25% to 11% , starting...

The Florida Legislature has officially extended its 2025 session after failing to pass a state budget by the constitutionally required...

In response to rising living costs, New York State has announced a $2 billion inflation relief package  that includes one-time payments...

South Carolina is on track to overhaul its income tax structure after the state House advanced a new proposal introducing a two-tiered...

The IRS has announced special tax relief for individuals and businesses in parts of Virginia  impacted by severe winter storms and...

The IRS is reminding taxpayers to check their federal income tax withholding now to avoid unexpected tax bills or refunds when filing...

House Republicans are accelerating efforts to finalize a massive $4.5 trillion tax package , seeking to reshape the tax landscape ahead...

Georgia taxpayers have a critical deadline approaching: file your state income tax returns by May 1, 2025 , to claim a one-time surplus...