Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes January 30, 2026
Newsom Describes Calls with Anguished Rich as He Continues Opposing California Billionaire Tax
At a Bloomberg forum event in San Francisco, California Gov. Gavin Newsom said the proposed billionaire tax would ultimately degrade the state’s tax base as the ultrawealthy left the state.
Taxes January 30, 2026
Trump Sues IRS and the Treasury Department for $10B Over Leak of His Tax Returns
The suit was filed Thursday in Miami federal court by the president, his sons Donald Jr. and Eric, and the Trump Organization, which manages the president’s real estate holdings.
Taxes January 29, 2026
Some Taxpayers are Considering Not Paying – Think Again, Says Preparer
There's historical precedent for tax protests, but there are real-world consequences to not paying taxes that one Connecticut tax preparer said makes such a protest inadvisable.
IRS January 29, 2026
IRS Announced Major Reorganization Just Ahead of Tax Season
As the 2026 tax season gets underway, the head of the IRS announced a major shake-up, initiating personnel and operational changes intended to improve taxpayer service and modernize the agency.
Taxes January 29, 2026
Report: Massachusetts Income Tax Cut Could Cost State $5 Billion
Inching toward the Nov. 3 ballot is a proposal to reduce the state's personal income tax rate from 5% to 4% over three years, which backers say would save individual taxpayers an estimated $4,000 during that period.
Taxes January 29, 2026
Opposition Lines Up Against Missouri Governor’s Tax Swap Plan
Republican Gov. Mike Kehoe’s bid to replace Missouri’s income tax with sales and use taxes ran into a wall of opposition from some of the state’s major lobbying groups Wednesday.
Taxes January 28, 2026
Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams
New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.
Taxes January 28, 2026
After ‘Smooth’ 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year
As the IRS enters the 2026 tax season facing workforce reductions and implementing major tax law changes, National Taxpayer Advocate Erin Collins warns in a new report that taxpayers could encounter more challenges when filing their taxes this year.
Taxes January 28, 2026
Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program
Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.
Taxes January 28, 2026
Los Angeles City Council Puts Off Yet Another Attempt to Rewrite the City’s ‘Mansion Tax’
City Council member Nithya Raman took her own shot at rewriting the tax, saying she too believes it is holding back housing production. But council members refused to take up Raman's proposal on Jan. 27.
Taxes January 27, 2026
IRS Issues FAQs About Trump Executive Order on Electronic Payments
The IRS released frequently asked questions on Tuesday regarding how an executive order from President Donald Trump will impact the way taxpayers receive tax refunds and make tax payments.
Taxes January 27, 2026
IRS Posts FAQs About New OBBBA Deduction for Overtime Pay
The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.