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The Latest Breaking News from Income Tax

Don't Overpay the IRS: 6 Tax Mistakes That Could Be Raising Your Bill

Is your income tax bill bigger than expected? Here's how you should prepare for next year.

Kiplinger

Oregon Tax Kicker in 2026: What's Your Refund?

The Oregon kicker for 2025 state income taxes is coming. Here's how to calculate your credit and the eligibility rules.

Kiplinger

The Jan 27 “Tax Kickoff”: 5 Changes to the EITC That Could Boost Your Refund This Year

Tax season officially opened yesterday, January 26, but for millions of working Americans, the real headline isn’t the date—it is the quiet expansion of the Earned Income Tax Credit (EITC). Often called the “working family’s bonus,” the EITC has been adjusted for inflation and tweaked by the recent tax overhaul.…

Budget and the Bees

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Reform says it would cut green policies to fund £2bn income tax cut in Scotland

Party’s pitch to voters in May Holyrood elections dismissed as ‘profoundly unserious, almost comically so’ by head of IPPR Scotland

The Guardian - UK

People are leaving Florida to retire elsewhere. But which locations come top?

Florida’s spike in real estate prices and higher cost of living has made it unaffordable for many retirees earning $75,000 or less

The Independent UK

Stealth tax rises are on the horizon for Scotland ahead of its election

When Scotland’s finance secretary, Shona Robison, delivered the Scottish budget for 2026-27 on January 13, she framed it as a budget for families that would ease pressure on household finances. Coming only a few months before the Scottish parliamentary elections in May, this budget is especially significant.

The Conversation

10 Most Desirable States To Live in — Which One Is Cheapest?

The cost of living may not be the only factor when choosing where to live, but it's an important one. According to North American Moving Services, states with higher income tax saw the largest number...

GOBankingRates

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12 Tax Strategies Every Self-Employed Worker Needs in 2026

Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.

Kiplinger

Mississippi Drivers: Why Your Income Tax Just Dropped to 4% (And What to Do With the Extra Cash)

If you look at your pay stub this month, you might notice a small but welcome change. Your take-home pay is slightly higher. That is because Mississippi is in the middle of a historic tax overhaul. As of January 1, 2026, the state individual income tax rate has officially dropped…

Budget and the Bees

California's 'Billionaire Tax' Could Bite Harder Than Advertised

The proposed tax is already driving people and businesses to flee the state.

Reason

Will Trump Replace the Income Tax? The 3 States That Would Suffer the Most

Will President Trump replace the income tax? If so, here are three states that may suffer the most.

GOBankingRates

I Asked ChatGPT What Would Happen If Income Taxes Became Flat-Rate

ChatGPT predicted winners, losers and major economic shifts if federal income taxes were to go flat-rate. Here's how a flat tax could impact your wallet.

GOBankingRates

HC quashes I-T notice against NDTV founders, slams Rs 2 lakh fine on tax department

The Delhi High Court has quashed the income tax reassessment notices issued to NDTV founders Prannoy Roy and Radhika Roy in March 2016 over certain interest-free loans to NDTV promoter RRPR Holding, according to Bar and Bench. The court also told the tax department to pay a token cost of…

Newslaundry

I Asked ChatGPT What Would Happen if Trump Eliminated Income Tax — Here’s What It Said

Experts warn of a $2 trillion budget gap, new taxes, economic risks, unequal impacts and major political obstacles regarding Trump's income tax proposal.

GOBankingRates

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Clever Dude

9 States With No Income Tax — Ranked From Worst to Best

Living in a state with no income tax can feel like getting an instant raise, but not all tax-free states are created equal. You might not be paying state income taxes, but you’ll pay in other ways. From sky-high housing costs to hidden fees, some “no-tax” states may actually cost…

Kiplinger

Georgia Tax Rebate And Income Elimination? What 2026 Could Mean For You

We break down how lawmakers aim to axe the state income tax and how much you could get in a Georgia tax refund in 2026.

GOBankingRates

Moving To These 9 States Could Add Thousands to Your Salary — Without a Raise

Nine states charge no income tax in 2026. Move from California while earning $92,000 and save $2,843 yearly. High earners save $17,000+ without a raise.

Evening Standard

John Swinney under fire over ‘smallest tax cut in history’ after Scottish Budget

The First Minister was challenged at Holyrood over income tax proposals in this week’s Scottish Government Budget.

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news in one place.

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Kiplinger

Key State Tax Changes for 2026 to Know Now

As a new year begins, taxpayers across the country are navigating a new round of state tax changes.

The Guardian - UK

Scottish budget: SNP government cuts taxes for lowest earners

Ministers will hope package of measures can aid efforts to retain power in May’s Holyrood elections

International Business Times

Florida's Gubernatorial Candidate Wants to Snatch 50% of OnlyFans Checks As the Ultimate 'Sin Tax'

Florida gubernatorial contender James Fishback sparks debate with a proposed 50 % tax on OnlyFans creators' income to help pay for schools and public programmes ahead of the 2026 election.

Kiplinger

When Do W-2s Arrive? 2026 Deadline and 'Big Beautiful Bill' Changes

Mark your calendar: Feb 2 is the big W-2 release date. Here’s the delivery scoop and what the Trump tax changes might mean for your taxes.

International Business Times UK

Indiana, Montana, and Ohio Cut Income Tax Rates as Five More States Follow — Is Yours One of Them?

Eight US states slashed income tax rates on 1 January 2026, but fiscal warnings emerge as Nebraska's surplus turns to a shortfall amid the nationwide tax-cutting trend.

The Independent UK

What does tax relief really mean? Explaining the pension superpower you need to know about

The ‘hidden hero’ can add serious income to your retirement savings

Clever Dude

Live in One of These 8 States? Your Taxes Just Dropped

If you live in one of eight lucky states, your paycheck just got a little fatter. As of January 1, 2026, these states officially lowered their income tax rates, giving residents a welcome break amid rising costs. Whether you’re a retiree on a fixed income or a working parent juggling…

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