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The Latest Breaking News from Income Tax

2026 State Tax Changes to Know Now: Is Your Tax Rate Lower?

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

Kiplinger

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

The Guardian - UK

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.

International Business Times

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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.

Kiplinger

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.

International Business Times 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

The Independent UK

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…

Clever Dude

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States That Tax Social Security Benefits in 2026

Not all retirees who live in states that tax Social Security benefits have to pay state income taxes. Will your benefits be taxed?

Kiplinger

Greece introduces 2026 tax cuts aimed at families and young workers

Athens has lowered most income tax rates by two points and rolled out extra breaks tied to children and for younger workers, including zero income tax for under-25s earning up to €20,000.

Euronews

9 States with No Income Tax — Lower Your Tax Bills by Moving to These States

These nine states offer some relief from the high cost of living these days, with zero income tax. But beware that you're still on the hook for other taxes.

GOBankingRates

Did You Know? India’s Auto Industry Ended 2025 With a Powerful Sales Surge

The Indian auto industry closed 2025 with renewed confidence and strong momentum. December emerged as a key recovery month as leading carmakers recorded double digit growth in domestic sales. After struggling with weak demand earlier in the year, the sector benefited from improved affordability, supportive government policies, tax relief measures,…

MyLifeXP

5 States Where the Top 1% Pay the Least in Taxes

Find out which five states let the top 1% pay the least in taxes and what that means for wealth distribution and tax policy in the U.S.

GOBankingRates

MTG says Trump voters are so ‘fed up’ they are planning a tax revolt this year: ‘And rightfully so!’

Retiring Republican congresswoman Marjorie Taylor Greene expresses sympathy with MAGA discontent amid growing talk of income tax protest

The Independent UK

Scots Tory leader Findlay ‘not holding breath’ on budget deal

Scotland’s Finance Secretary will lay out the Government’s budget plans in January.

The Independent UK

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The Independent UK

Why not understanding your taxes can cost you more money

A recent survey revealed that most Americans lack ‘basic tax literacy’

GOBankingRates

10 Best States for High-Paying Jobs and Strong Earning Potential

Discover the top U.S. states for high-paying jobs, strong wage growth and affordability.

GOBankingRates

I Asked ChatGPT How Billionaires Pay Hardly Any Taxes — Here’s What It Revealed

ChatGPT explains the buy, borrow, die strategy billionaires use to pay 3.4% tax rates while middle-class Americans pay 14%. All completely legal.

Fortune

James Talarico says the biggest 'welfare queens' in America are 'the giant corporations that don't pay a penny in income taxes'

The 2026 Senate hopeful says major corporations cost taxpayers far more than social safety net programs.

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news in one place.

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AAP

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

Kiplinger

Mamdani's Millionaire's Tax: Let the New York Exodus Begin?

Will higher income taxes drive the wealthy to flee New York in 2026?

Kiplinger

Trump's Plan to Eliminate Income Tax: 7 Things to Know Now

The potential consequences of eliminating taxes in favor of Trump tariffs could impact everything from inflation to Social Security and might give some U.S. taxpayers pause.

GOBankingRates

Financial Expert: Here’s the Smartest Way Boomers Can Give Kids Tax-Free Money

Financial expert Lance Morgan reveals why $19,000 is the magic number for boomers helping their kids financially. Here's how the tax-free gift strategy works.

GOBankingRates

I Asked ChatGPT To Find the Best Places To Retire With Zero Sales Tax

Forty-five states have sales tax, which means five do not — good news if you're looking to cut down on how much you pay in taxes once you retire.

The Independent UK

Interest rate cut next week ‘nailed on’ as UK economy grows just once in seven months

Pre-Budget worries and speculation that chancellor Rachel Reeves would hike income tax has been blamed

The Guardian - UK

Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM

Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate

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