Taxpayers may face refund delays this year due to IRS staffing shortages and new tax legislation.

As explained by the mayor during a press conference at City Hall Tuesday afternoon, the city finds itself with two choices: either increase personal income taxes on New Yorkers earning more than $1 mi...

On Tuesday, Mayor Zohran Mamdani warned that the city could be forced to raise property taxes unless Albany implements a tax increase on the state’s wealthiest earners, issuing a clear ultimatum for G...

A highly controversial tax on millionaires is one step closer to becoming law. After nearly four hours of debate Monday, the Washington State Senate voted 27-22 to pass Senate Bill 6346, which would impose a 9.

If the bill survives the legislative session, the so-called "Millionaire's Tax" would impose a 9.9% income tax on households earning more than $1 million a year.

Opponents, including all Senate Republicans, argue the bill is unconstitutional and will drive wealthy residents and business investment out of the state.