News

Don't expect a speedy tax refund in 2026 from an understaffed IRS
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Trump's remittance tax aims to slow illegal immigration by targeting the money flow
The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a ...
CT man accused of false tax returns claiming IRS owed him $6.2M; scheming to defraud state agency
The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...
Trump’s tax bill would send an iconic Smithsonian spacecraft to Texas
The massive tax and immigration bill moving through Congress would transfer the space shuttle Discovery from the Smithsonian ...
21,000 undocumented Coloradans could lose Medicaid coverage under Trump tax bill
The bill in Congress also would narrow the group of immigrants with legal status who can receive tax credits to purchase ...
Tax cut or wealth transfer? Ohio’s flat rate tax gives millionaires $20K while most get pennies
Podcast hosts reveal how the 2.75 percent flat tax—second lowest in the nation—disproportionately benefits the wealthy while ...
Alliant Energy proposes investing $3B in wind energy as Congress phases out tax credits
Alliant proposes $3 billion in new wind energy in Iowa as Congress set to phase out tax credits that helped state become a ...
GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...