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The Latest Breaking News from Income Tax

Local elections 2026: What is each party offering voters?

More than one million people are eligible to vote on Thursday in the biggest set of elections since 2024

The Independent UK

Amazon and Tesla Among 88 Major US Firms Paying Zero Corporate Income Tax Last Year Despite Billions in Profit

A report by the Institute on Taxation and Economic Policy reveals that 88 major US corporations paid no federal income tax in 2025, despite earning significant profits, due to legal tax code provisions.

International Business Times UK

Nearly two million more higher-rate taxpayers since start of decade

The rise has been driven by more people moving into the tax band thanks to the freeze on income thresholds.

Evening Standard

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read the most diverse news in one place.

'Stealth' income tax bombshell: London hit with record £71billion bill as millions in city pay more

Exclusive: Londoners are being hammered with rising income tax bills as hundreds of thousands are dragged into paying its basic or higher rates

Evening Standard

Do you prefer to pay income taxes or sales taxes? Missouri voters will get to choose

Do you prefer to pay income taxes or sales taxes

The Independent UK

April 30 Deadline: If You Live in One of These 'Late States,' Your Taxes Are Due This Week

Residents in Delaware, Iowa, Virginia, and beyond must file 2025 state income taxes soon or request an extension. Don't miss the due date.

Kiplinger

Paradise lost? This state has the highest tax burden in the country

The states with the highest and lowest tax burdens couldn’t be more different

The Independent UK

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10 Most Affordable States for High-Income Earners

Find the most affordable states where high-income earners benefit from lower taxes, reasonable cost of living and more take-home pay.

GOBankingRates

Tennessee Residents Still Pay Federal Taxes on Investment Income Despite State Changes

Tennessee has made headlines in recent years for eliminating its state tax on certain types of investment income, and that sounds like a big win at first glance. The reality, however, carries a twist that often catches investors off guard. While the state stepped back from taxing dividends and interest,…

The Free Financial Advisor

6 Cities That Completely Skip Income Tax for Seniors (But Few Know About Them)

If you’re living on a fixed income, every dollar matters more than ever. One of the biggest hidden drains on retirement income is state income...

Saving Advice

North Carolina’s Flat Tax Savings in 2026: Why Everyday Costs Still Matter

North Carolina’s flat tax was introduced to simplify the state’s income tax system and reduce the burden on households. By replacing tiered brackets with a single rate, lawmakers aimed to make filing easier and give residents more predictable savings.

The Free Financial Advisor

I Asked ChatGPT Which States Have the Highest Tax Burden — Here’s What It Said

ChatGPT analyzed tax burden by state to see which states tax residents most and why the rankings may surprise you.

GOBankingRates

These States Have the Highest Tax Burden in America—Are You Living in One?

Money disappears faster than expected when taxes quietly chip away at income, purchases, and property. Some states stretch every dollar further, while others demand a much larger slice of earnings through layered tax systems. Residents often focus on income tax rates, yet the true “tax burden” includes sales taxes, property…

Everybody Loves Your Money

13 States With No Retirement Tax Ranked by How Much You Need to 'Retire Comfortably'

A $0 state income tax bill doesn’t always mean a cheaper retirement. See which states stretch your dollar further.

Kiplinger

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The Guardian - US

‘Fund people, not bombs’: inside the US movement against war in Iran

Protests coincide with a congressional vote to stop arming Israel and a movement to withhold income taxes

Reason

Trump's Illegal War in Iran Is Financed by Your Taxes. That's a Good Reason To Stop Paying Them.

If Congress will not deploy the power of the purse to restrain a lawless administration and an illegal war, then it falls to the public to do so.

International Business Times UK

Over 70 Jobs Now Qualify for 'No Tax on Tips' — Check If You're On The List

The IRS has clarified tax deduction rules for over 70 occupations relying on tips, allowing eligible workers to deduct up to $25,000 in qualifying tips from federal income tax from 2025 to 2028.

International Business Times UK

'Americans Not Required To Pay Income Taxes?' Ex-IRS Agent's Claim In Greene Interview Sparks Debate

Former IRS agent Joe Bannister says he was silenced when he questioned the agency about laws that do not require Americans to pay taxes.

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news in one place.

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The Free Financial Advisor

Florida Has 0% Income Tax — But Seniors Still Spend Thousands a Year on Essentials

No state income tax is like a jackpot, right? It grabs attention fast, sparks big dreams, and fuels countless retirement plans built around sunshine and savings. Florida wears that zero-percent badge like a crown, and it absolutely delivers on that promise. No income tax means more take-home money, fewer headaches…

The Independent UK

What to know about Trump's tax breaks for tips and overtime when filing state tax returns

Millions of Americans are expected to claim new federal tax breaks for tips and overtime wages under a law enacted by President Donald Trump

The Free Financial Advisor

Texas Has No Income Tax — But Property Taxes Can Get Close To 2% in Some Areas

No state income tax sounds like a financial victory lap. It grabs attention fast, sparks curiosity, and fuels big relocation dreams. Texas leans hard into that headline, and it works like magic on anyone looking to keep more of their paycheck. The promise feels simple and powerful: earn money, keep…

International Business Times UK

Your State Pension Could Soon Be Taxed — Here's What The £23 Gap Means

The full new state pension is just £23 short of the £12,570 personal allowance, frozen by the Treasury until April 2031 as millions more face tax.

GOBankingRates

I Asked ChatGPT Which States Are Best for Retirement Taxes — Here’s What It Said

I asked ChatGPT to help me analyze some key data and see which states are most cost effective when it comes to retirement taxes.

GOBankingRates

I’m a CPA: Here’s How State Taxes Change Your Real Cost of Living

State taxes can dramatically change what you really pay to live somewhere. A CPA explains how income, property, and sales taxes affect your true cost of living.

GOBankingRates

New IRS Rules Are Live: Which Households Win — and Lose — Most

Here's a look at how these two primary changes will affect taxpayers in 2026.

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