Indiana taxpayers who asked for an extension on their 2025 federal returns, and who live or run a business inside the storm-hit part of the state, now have until February 1, 2027 to file. The Internal Revenue Service set that date on September 2 in release IN-2026-01, covering severe storms, straight-line winds, tornadoes and flooding…

South Carolina’s individual income tax is being rebuilt for the 2026 tax year, and the most visible piece is a new rate table. The first $30,000 of South Carolina taxable income is taxed at 1.99 percent, and the return no longer begins from federal taxable income. It begins from federal adjusted gross income, the number…

Mississippi’s individual income tax schedule steps down again on January 1, 2027. For tax year 2027 the state is scheduled to tax taxable income above $10,000 at 3.75 percent, one quarter of a percentage point below the 4 percent set for 2026. The first $10,000 of taxable income is taxed at zero in every year…

A federal tax of 1 percent has been collecting on certain money sent abroad since the first day of 2026, even though the Treasury Department’s rulebook for it is still a draft. The charge lands on senders who hand cash to a transfer company, and it is added at the counter rather than reported on…

H.R. 10494, the American Tariff Rebate Act, was introduced in the House on September 17, 2026, and the official record shows nothing since. It proposes a $2,000 credit per filer, and it is parked in three House committees with no cosponsors attached. Nothing in it has been enacted, no agency has a payment page for…

Treasury and the IRS have published final regulations for the car loan interest deduction, and the rules become effective on November 9, 2026. The deduction itself is not new this autumn: the law behind it already covers interest on qualifying loans taken out after the end of 2024. What the regulations add is the fine…

The standard deduction for tax year 2027 and the income thresholds for each tax bracket had not been published by the IRS as of October 3, 2026. Last year the package that carries them came out on October 9, 2025, six days later on the calendar than today. The IRS has not said when the…

October 15 is the day a six-month filing extension runs out, and for taxpayers inside eighteen IRS disaster declarations it is not the day that applies. The IRS list shows thirteen declarations that push deadlines to February 1, 2027 and five that push them to November 2, 2026, and every one of those dates falls…

Thursday, October 15, 2026, is the extended deadline for 2025 federal income tax returns, and a return that misses it starts collecting a penalty of 5 percent of the unpaid tax for every month or part of a month it is late. The charge stops growing at 25 percent. The IRS also sets a minimum:…

As of Oct. 2, 2026, the Internal Revenue Service has not released its inflation adjustments for tax year 2027. The newsroom address where that announcement would normally appear returns a “page not found” error, and the agency’s list of current-month news releases, last reviewed Oct. 1, contains nothing on 2027 brackets, the standard deduction or…