https://www.incometaxpro.com/news/ Follow federal and state income tax news covering forms, filing guidance, rate changes, deductions, credits, and relief, with links to relevant resources. en-us https://www.incometaxpro.com/news/2026/third-2026-estimated-income-tax-payment-is-due-september-15.htm https://www.incometaxpro.com/news/2026/third-2026-estimated-income-tax-payment-is-due-september-15.htm Tue, 01 Sep 2026 09:01:00 -0400 The third 2026 estimated income tax payment is due September 15. Compare earlier payments and withholding with your latest income estimate. A summer investment gain or taxable retirement withdrawal may affect what remains to be paid. Preparation https://www.incometaxpro.com/news/2026/south-carolina-issues-guidance-on-its-new-2026-income-tax-rules.htm https://www.incometaxpro.com/news/2026/south-carolina-issues-guidance-on-its-new-2026-income-tax-rules.htm Tue, 01 Sep 2026 08:01:00 -0400 South Carolina's latest guidance explains the new two-rate structure and income-based deduction. Taxpayers making estimated payments should review the changes rather than rely on the lower top rate alone. Preparation https://www.incometaxpro.com/news/2026/indiana-opens-tax-amnesty-through-september-9-2026.htm https://www.incometaxpro.com/news/2026/indiana-opens-tax-amnesty-through-september-9-2026.htm Wed, 15 Jul 2026 09:01:00 -0400 Indiana's amnesty window covers eligible debts for tax periods ending before 2024. Taxpayers have until September 9 to enroll and pay, or arrange an amnesty payment plan. Compliance https://www.incometaxpro.com/news/2026/irs-announces-automatic-penalty-relief-for-eligible-taxpayers.htm https://www.incometaxpro.com/news/2026/irs-announces-automatic-penalty-relief-for-eligible-taxpayers.htm Wed, 08 Jul 2026 09:01:00 -0400 Eligible taxpayers will receive relief from certain IRS penalties without requesting a waiver. The summer transition begins with 2025 annual and 2026 quarterly returns. Tax and interest remain due, and some notices still require follow-up. Compliance https://www.incometaxpro.com/news/2026/georgia-cuts-its-income-tax-rate-to-499-for-2026.htm https://www.incometaxpro.com/news/2026/georgia-cuts-its-income-tax-rate-to-499-for-2026.htm Mon, 11 May 2026 08:01:00 -0400 Georgia lowers its income tax rate from 5.19% to 4.99% and raises standard and dependent deductions for 2026. The changes apply from January 1, giving eligible taxpayers relief for the full tax year. Legislation https://www.incometaxpro.com/news/2026/carlos-mencia-charged-with-failing-to-file-california-tax-returns.htm https://www.incometaxpro.com/news/2026/carlos-mencia-charged-with-failing-to-file-california-tax-returns.htm Thu, 18 Jun 2026 09:01:00 -0400 California prosecutors allege six years of missing personal and corporate returns. Mencia pleaded not guilty on June 22. The case highlights the difference between an overdue return and an allegation of deliberate tax evasion. Compliance https://www.incometaxpro.com/news/2026/second-2026-estimated-income-tax-payment-is-due-june-15.htm https://www.incometaxpro.com/news/2026/second-2026-estimated-income-tax-payment-is-due-june-15.htm Mon, 01 Jun 2026 09:01:00 -0400 The second 2026 estimated income tax payment is due June 15. Changes in business income, retirement withdrawals, or withholding may warrant a fresh calculation. If your circumstances are steady, the planned payment may still fit. Preparation https://www.incometaxpro.com/news/2026/maine-revises-its-2026-tax-schedule-to-include-a-2-percent-high-income-surcharge.htm https://www.incometaxpro.com/news/2026/maine-revises-its-2026-tax-schedule-to-include-a-2-percent-high-income-surcharge.htm Wed, 20 May 2026 08:01:00 -0400 Maine's revised 2026 schedule adds a 2% surcharge on taxable income above filing-status thresholds. The regular rates remain unchanged, and only the income above the applicable threshold faces the extra tax. Preparation https://www.incometaxpro.com/news/2026/arkansas-cuts-its-top-income-tax-rate-to-37-for-2026.htm https://www.incometaxpro.com/news/2026/arkansas-cuts-its-top-income-tax-rate-to-37-for-2026.htm Thu, 07 May 2026 09:01:00 -0400 Arkansas reduces its top individual income tax rate from 3.9% to 3.7% for 2026. The cut applies to the full tax year and keeps the lower rates and existing bracket thresholds in place. Legislation https://www.incometaxpro.com/news/2026/first-2026-estimated-income-tax-payment-is-due-april-15.htm https://www.incometaxpro.com/news/2026/first-2026-estimated-income-tax-payment-is-due-april-15.htm Thu, 02 Apr 2026 09:01:00 -0400 The first 2026 estimated income tax payment is due April 15. It is separate from any balance owed on a 2025 return. Review the new year's estimate and use the correct tax year when paying. Preparation https://www.incometaxpro.com/news/2026/west-virginia-signs-a-5-percent-income-tax-rate-cut-for-2026.htm https://www.incometaxpro.com/news/2026/west-virginia-signs-a-5-percent-income-tax-rate-cut-for-2026.htm Tue, 31 Mar 2026 08:01:00 -0400 West Virginia's new law cuts all five income tax rates for 2026, bringing the top rate down to 4.58%. The reduction applies from January 1, with existing bracket thresholds unchanged. Legislation https://www.incometaxpro.com/news/2026/utah-cuts-its-income-tax-rate-to-445-for-2026.htm https://www.incometaxpro.com/news/2026/utah-cuts-its-income-tax-rate-to-445-for-2026.htm Mon, 23 Mar 2026 08:01:00 -0400 Utah lowers its flat income tax rate from 4.50% to 4.45% for the full 2026 tax year. The cut saves $5 per $10,000 of taxable income before credits, with the taxpayer tax credit still affecting the final bill. Legislation https://www.incometaxpro.com/news/2026/irs-warns-nonfilers-to-claim-2022-refunds-before-april-15.htm https://www.incometaxpro.com/news/2026/irs-warns-nonfilers-to-claim-2022-refunds-before-april-15.htm Fri, 20 Mar 2026 09:01:00 -0400 The IRS estimated that more than 1.3 million people had unclaimed 2022 income tax refunds. Its March reminder urged filing by April 15, 2026. Prior-year forms and income records help taxpayers determine what they can claim. Preparation https://www.incometaxpro.com/news/2026/indiana-cuts-its-income-tax-rate-to-295-for-2026.htm https://www.incometaxpro.com/news/2026/indiana-cuts-its-income-tax-rate-to-295-for-2026.htm Tue, 13 Jan 2026 09:01:00 -0500 Indiana starts 2026 with a 2.95% state income tax rate, down from 3.00%. The reduction saves $40 on $80,000 of taxable income before credits. County income taxes still apply separately and can affect the total bill. Legislation https://www.incometaxpro.com/news/2026/oklahoma-cuts-its-top-income-tax-rate-to-45-for-2026.htm https://www.incometaxpro.com/news/2026/oklahoma-cuts-its-top-income-tax-rate-to-45-for-2026.htm Mon, 12 Jan 2026 09:01:00 -0500 Oklahoma replaces its six-rate schedule with a zero-rate band and three lower rates for 2026. Single filers with $80,000 or $160,000 of unchanged taxable income save about $226 or $426 before credits. Legislation https://www.incometaxpro.com/news/2026/ohio-adopts-a-275-percent-income-tax-rate-for-2026.htm https://www.incometaxpro.com/news/2026/ohio-adopts-a-275-percent-income-tax-rate-for-2026.htm Fri, 09 Jan 2026 09:01:00 -0500 Ohio eliminates its 3.125% top rate for nonbusiness income. At unchanged taxable income, the new schedule saves $10 at $80,000 and about $254 at $160,000 before credits. The calculation still includes a base tax. Legislation https://www.incometaxpro.com/news/2026/irs-sets-january-26-opening-date-for-the-2026-filing-season.htm https://www.incometaxpro.com/news/2026/irs-sets-january-26-opening-date-for-the-2026-filing-season.htm Thu, 08 Jan 2026 09:01:00 -0500 Eligible taxpayers can begin using IRS Free File January 9, ahead of the January 26 filing-season opening. April 15, 2026 is the general deadline to file 2025 federal income tax returns and pay any tax due. Preparation https://www.incometaxpro.com/news/2026/north-carolina-cuts-its-income-tax-rate-to-399-for-2026.htm https://www.incometaxpro.com/news/2026/north-carolina-cuts-its-income-tax-rate-to-399-for-2026.htm Wed, 07 Jan 2026 09:01:00 -0500 North Carolina begins 2026 with a 3.99% income tax rate, down from 4.25%. The cut saves $208 on $80,000 of taxable income before credits. Updated payroll withholding also reflects the lower rate. Legislation https://www.incometaxpro.com/news/2026/new-york-cuts-its-five-lowest-income-tax-rates-for-2026.htm https://www.incometaxpro.com/news/2026/new-york-cuts-its-five-lowest-income-tax-rates-for-2026.htm Tue, 06 Jan 2026 09:01:00 -0500 New York lowers five income tax rates for 2026 while keeping the same bracket thresholds. The single-filer examples show savings of about $80 at $80,000 of taxable income and $160 at $160,000. Legislation https://www.incometaxpro.com/news/2026/montana-cuts-its-top-income-tax-rate-to-565-for-2026.htm https://www.incometaxpro.com/news/2026/montana-cuts-its-top-income-tax-rate-to-565-for-2026.htm Mon, 05 Jan 2026 09:01:00 -0500 Montana expands its lower tax bracket while cutting the top rate to 5.65%. A single filer with $80,000 of taxable ordinary income saves about $398 before credits. The changes apply to the 2026 tax year. Legislation