Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...

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 ...

The Congressional Budget Office’s new 10-year fiscal forecast includes plenty of headlines: The nearly $2 trillion federal budget deficit will grow to more than $3 trillion in a decade. The national ...

Senate Bill 6346 would impose a 9.9% income tax on those who make more than $1 million a year. Action: Passed by the Washington Senate 27-22 on Feb. 16. Spokane Delegation voting yes: Sen. Marcus ...

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 ...

The tax break on tip income is not automatic. You need to file a new form. The U.S. Treasury Department has a list of dozens of occupations that 'customarily and regularly received tips' that qualify ...

OLYMPIA, Wash. — As Washington’s proposed “Millionaires Tax” advances through the Legislature, key questions are coming into focus. Currently in the state House, the proposed income tax would impose a ...

Mayor Zohran Mamdani has now proposed two options that called for raising taxes. Here’s a look at each proposal and the rationale and chances for each. By Sally Goldenberg Dana Rubinstein and Grace ...

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 ...

Some parts of western Washington are getting slushy snow. by Michelle Esteban,KOMONewsReporter OLYMPIA, Wash. — Olympia is getting a clearer picture of where the so-called millionaires tax is headed ...

The Social Security Fairness Act signed at the beginning of 2025 is now unfair, at least when it comes to taxes, according to some representatives in Congress. Those income spikes last year likely ...

OLYMPIA, Wash. — The Washington state Senate on Monday approved a bill that would create a 9.9% tax on income above $1 million, sending the proposal to the House for further consideration. Senate Bill ...