(203) 301-9933 
Fax: (203) 301-9944
Current Tax News
- Error
- Tax Foundation
- Tax Act
RSS Error: Retrieved unsupported status code "404"
As energy prices have declined, European countries have switched the focus of their windfall profits taxes—a one-time tax levied on a company or industry when economic conditions result in large, unexpected profits—from energy providers to the banking and financial sector. [...]
Investment in digital assets, long thought of as a niche interest reserved for enthusiasts, has broken into the mainstream. In 2026, about one in five US adults report being invested in or using cryptocurrency. [...]
Economists and journalists have been pointing to a labor share of income series from the Bureau of Labor Statistics (BLS) as evidence that capital is taking an ever-increasing slice of the economic pie. But a closer look at the national income accounts shows a different story. [...]
Ten years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the "Better Way" Tax Plan, the blueprint that would eventually become the Tax Cuts and Jobs Act of 2017—the largest overhaul of the US tax code in over 30 years. [...]
Tax Foundation’s new resource, Options for Reforming America’s Tax Code 3.0, demonstrates that not all revenue-raising options are created equal—some do more harm to the economy than others for the same amount of revenue. [...]
Last updated Sept. 2, 2026. The Internal Revenue Service (IRS) has announced tax relief for taxpayers in areas impacted by […] The post IRS Extends Tax Deadlines in Some States Due to Natural Disasters appeared first on . [...]
Updated for tax year 2026. You owe the IRS at tax time when your total tax for the year is […] The post Why Do I Owe Taxes To The IRS? appeared first on . [...]
Updated for tax year 2026. Being a parent often involves lending money to your kids throughout their lives. Maybe you’re […] The post Family Loans: Does the IRS Care If I Lend My Kids Money? appeared first on . [...]
If you rely on tips as part of your paycheck, you’ve likely heard about the new no tax on tips […] The post No Tax on Tips: What Tipped Workers Need to Know About the New Deduction appeared first on . [...]
Get the facts on North Dakota income tax, ND income tax rates, and North Dakota state tax brackets. See 2025 changes, deductions, and FAQs. The post What is North Dakota Income Tax? Rates & Tax Brackets appeared first on . [...]