The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.
The IRS may have furloughed roughly half its staff, but it still released important 2026 tax-planning numbers Thursday. - ...
Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest ...
Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the IRS Tuesday ...
State budget managers have been informed that the federal law signed by President Trump could reduce state tax revenues by ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President ...
In the fight to secure a balanced budget, one key negotiating chip for Michigan Democrats was a temporary hedge against new ...
SPRINGFIELD — Illinois is on track to run a more than $200 million deficit just three months into the current fiscal year, ...
On Monday, Governor Jim Pillen ceremoniously opted into a new federal program, tied to the One Big Beautiful Bill.