Tax News
‘No Tax on Overtime’ Rule Isn’t What Some Workers Were Expecting
President Trump’s simple campaign promise, now reality, includes lots of fine print that is confounding taxpayers and companies this filing season....
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America’s Billionaires Continue to Flock to Wyoming
Jackson, Wyo., has long been a refuge for the rich. But the last five years saw a boom in wealth of a kind never before seen. Across the country, the ...
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‘Tax the Rich’ Rally Draws 1,500 to Albany, but Not Mamdani or Hochul
Busloads of New Yorkers flooded the State Capitol to press state leaders to raise taxes on corporations and high earners to help fund various initiati...
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Democrats Consider Breaking a Taboo in Washington State: A Millionaires Tax
The state where Jeff Bezos and Bill Gates made fortunes might have progressive social policies, but its resistance to an income tax is similar to cons...
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Tariff Whiplash Clouds Outlook for Federal Budget
The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies...
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How Mamdani’s Income and Property Tax Proposals Could Affect New Yorkers
Mayor Zohran Mamdani has now proposed two options that called for raising taxes. Here’s a look at each proposal and the rationale and chances for ea...
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Doing Your Taxes? We Want to Hear From You.
The New York Times is looking to speak to Americans about how the most recent tax cuts are affecting their pocketbooks....
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Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed
Mayor Zohran Mamdani said his proposal to raise New York City property taxes was a “last resort” to close a budget gap....
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Mamdani Finds Allies, and Skeptics, in Albany as He Asks for Funding
Mayor Zohran Mamdani of New York City visited the State Capitol to press lawmakers for their cooperation in helping fund some of his initiatives....
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Enjoy your tax cuts while they last
The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
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How much you'd pay under GOP tax plan depends on many factors
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New tax code will still be complicated despite GOP promise to simplify
Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
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GOP tax bill: Here's what people are saying
The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
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Tax bill and your tuition: Here's what to expect
GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
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Attention, teachers: You can keep your deduction for classroom supplies
Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
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How tax reform could hinder innovation in the U.S.
By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants
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13 ways the tax bills would affect people: Senate and House differ on key points
You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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Here's what's in the Senate tax bill - and how it differs from the House's bill
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