The so-called “millionaires tax” was approved by Washington’s Senate on Monday, advancing a measure that would create a 9.9% tax applied to taxable, personal annual income that exceeds $1 million. Gov ...

State income taxes would be abolished for individuals earning under $50,000 and families under $100,000. The state would fund these cuts by repealing 29 corporate and COVID-era tax credits and ...

The good news? The average dollar amount of tax refunds issued so far is up. The rough patch? The IRS has processed far fewer returns in the first two weeks than a similar time frame a year ago. The ...

The bill will next go to the House, as Gov. Bob Ferguson is indicating he’d like to see more changes. Washington state moved one step closer Monday to creating a personal income tax two years after ...

If you're one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car loan tax ...

OLYMPIA — State Senators passed legislation Monday to create an income tax on those earning over $1 million a year, the first hurdle in what will likely prove to be a long battle to get the bill over ...

The Internal Revenue Service is reminding taxpayers that some filers will see their refunds delayed if they claimed one of two specific credits. Taxpayers who claim either the Earned Income Tax Credit ...

OLYMPIA, Wash. — Olympia is getting a clearer picture of where the so-called millionaires tax is headed as it moves through the state Legislature, with Gov. Bob Ferguson signaling he wants major ...

Winter storm, blizzard warnings in the mountains with heavy lowland rain by KOMO News Staff OLYMPIA, Wash. — The Washington state Senate on Monday approved a bill that would create a 9.9% tax on ...

NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.

President Trump's promise to eliminate federal income tax on worker tips will become a reality Friday when he signs the massive budget package into law. After narrowly squeaking through the House on ...

Social Security benefits make a big difference in the wallets of many Americans. But these extra dollars can be a double-edged sword: While the additional dollars may close the gap on affordability ...