Taxes
Tax Central: Your essential source for the latest in tax laws, filing tips, and deductions. Ideal for navigating complex tax requirements with ease.
AXIS Capital Holdings Ltd Sees Tax Hit from Bermuda Corporate Income Tax
Bermuda’s new corporate income tax framework introduces a mandatory installment computation deadline on February 2, 2026. Designed to comply with OECD Pillar Two standards, the regime affects large multinational groups,…
Virginia Democrats Propose Millionaire’s Tax with HB 188 and HB 979
New legislative proposals in blue states like Virginia and Washington aim to increase taxes on individuals earning over…
Massachusetts Moves to Cap Sports Bets and Raise Tax Under Senate Bill 302 Bettor Health Act
The proposed 'Bettor Health Act' in Massachusetts seeks a 51% tax on online sports betting and a ban…
Federal Government Shutdown Will Not Delay Tax Refunds Amid One Big Beautiful Bill Act (obbb)
Taxpayers must file 2026 returns by April 15, 2027. While potential shutdowns pose service risks, e-filed refunds generally…
Trump Sues IRS and Treasury Department for $10 Billion Over Tax Leak
A $10 billion federal lawsuit has been filed in Miami by Donald Trump against the IRS and Treasury…
Students and Visa Holders Must File Ahead of IRS Standard Federal Tax Return Filing April 15, 2026
The IRS tax season for 2025 income opens with a deadline of April 15, 2026. Immigrants and students…
States Face Large New Costs from One Big Beautiful Bill Act for SNAP in October 2026
OBBBA mandates a historic shift in SNAP, forcing states to share benefit costs and face penalties for errors.…
U.S. Firms Confront $100,000 H-1B Fee and New Nonimmigrant Workers Rules
New H-1B regulations introduce a $100,000 fee for certain petitions and a wage-prioritized selection system. Employers must now…
UK Govt Announces Business Rates Relief for Pubs and Live Music Venues
The UK government is providing a 15% business rates discount for pubs and live music venues starting April…
HMRC Pours £1.6 Billion Into Making Tax Digital and IT Overhaul
The UK government has committed £1.6 billion to modernize HMRC’s IT systems, aiming to reduce administrative burdens through…