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This New Tax Plan Could Wipe Out Federal Income Taxes For Millions

April 27, 2026

The Working Americans’ Tax Cut Act could eliminate federal income taxes for millions and reduce them for many more. While still just a proposal, it highlights a growing push to use tax policy to address rising living costs.

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This New Tax Plan Could Wipe Out Federal Income Taxes For MillionsApril 27, 2026 - 6:14 pm
The Working Americans’ Tax Cut Act could eliminate federal income taxes for millions and reduce them for many more. While still just a proposal, it highlights a growing push to use tax policy to address rising living costs.
Now That You’re Done With Your Taxes, Here’s What To Know For 2026April 20, 2026 - 7:28 pm
While the 2025 filing year has wrapped up for most people, recent tax law changes—some introduced last summer and others already in effect—are still shaping how you should approach the year ahead. Here are the key moves to consider for 2026.
AI Is Supercharging Tax Scams: Here’s How To Avoid Getting FooledApril 13, 2026 - 8:15 pm
Tax scams are nothing new—but AI is making them far more sophisticated. Fraud experts are urging extra caution this tax season, as scammers are now using artificial intelligence to create more convincing messages.
Nine Last-Minute Tax Moves You Still Have Time To MakeApril 6, 2026 - 7:27 pm
Making a few last-minutes tax moves could lead to meaningful savings. Even small adjustments can add up. Here are nine smart steps to consider before you file.
Tax Refunds Up Nearly 11%, With Over 37 Million Cashing In On New Tax BreaksMarch 30, 2026 - 7:49 pm
About 44% of filers—around 37.5 million people—have claimed at least one of the new provisions under the One Big Beautiful Bill, including exemptions on tips and overtime pay. The average refund currently stands at $3,571, up from $3,221 in 2025.
IRS Issues Harsh Warning About AI And TaxesMarch 23, 2026 - 9:12 pm
Alongside its benefits, AI is also creating new risks—especially when it comes to taxes.The IRS is now sounding the alarm about how this technology could be exploited to target taxpayers.
Tax Refunds 10.2% Higher Than Last Year, With An Average Refund Of $3,800March 16, 2026 - 7:34 pm
Even though 2025 has ended, you still have time to potentially increase your refund or reduce the taxes you owe before the April 15 deadline. There are a few strategies to consider.
Trump Accounts Aren’t Exactly ‘Tax-Free,’ As President Said. Here’s How They WorkMarch 9, 2026 - 9:32 pm
Created under the ‘Big Beautiful Bill’, the accounts will function similarly to a traditional IRA once a child turns 18, according to guidance issued in December by the U.S. Department of the Treasury and the IRS.

Tag Archive for: federal law proposal

This New Tax Plan Could Wipe Out Federal Income Taxes For Millions

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