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While there are many factors that affect a country's economic performance, taxes play an important role. A well-structured tax code is easy for taxpayers to comply with and can promote economic development while raising sufficient revenue for a government’s priorities. [...]
Washington’s new income tax on high earners doesn’t take effect until 2028, but it is already generating a lot of activity. A measure on the ballot this November, Initiative 645, would reverse the legislature’s decision, preventing the new tax from taking effect. [...]
The 2026 Regional Tax Competitiveness Index for Spain highlights a growing divergence between regions that have embraced tax reform and those whose tax systems have remained largely unchanged. [...]
The federal government’s debt burden and interest on the debt are near record levels and headed higher, raising legitimate concerns about an eventual debt crisis. Given the increasingly dysfunctional budget process, the most viable option on the table to stave off such a crisis is a statutory bipartisan fiscal commission with buy-in from leaders of both parties. [...]
Imposing sales taxes on rental car companies’ fleet purchases, in addition to the sales and rental car excise taxes levied when those cars are rented, yields double taxation and causes harmful tax pyramiding. [...]
Leaving the military comes with plenty of changes, from starting a civilian job to figuring out your next move. Your […] The post Taxes After Leaving the Military: Avoid a Surprise Tax Bill appeared first on . [...]
The biggest 2026 tax changes go beyond the usual inflation updates to tax brackets and deduction amounts. For the 2026 tax year […] The post 2026 Tax Changes: What to Know Before You File appeared first on . [...]
Updated for tax year 2026. Teens may need to file a federal income tax return depending on how much and […] The post Tax Basics for Teens: Filing Your First Tax Return appeared first on . [...]
Updated for tax year 2026. If you’ve sold stocks, cryptocurrency, real estate, or other investments in the past tax year […] The post How to Use IRS Form 8949 for Capital Gains and Losses appeared first on . [...]
Last updated Oct. 7, 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 . [...]