Trump, Big Beautiful Bill and tax cut
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The bills Colorado lawmakers pass could determine the fate of certain state tax breaks and how much the state dips into its reserves — as well as the need for spending cuts for programs.
Here's what to know in Massachusetts. According to the foundation's analysis, Massachusetts will see the third largest average tax cuts of all states in 2026 with an average of $5,139. Wyoming will receive the largest average tax cuts ($5,375), followed by Washington ($5,372).
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Trump tariff revenue expected to offset tax bill impact, S&P says in U.S. credit rating hold
S&P Global warned U.S. government debt credit ratings could "come under pressure" if political developments affect the independence of the Federal Reserve.
The adjustment, while expected, appears more significant due to the way quarterly estimates were structured earlier in the year, Mayor says.
Estimates of the new bills will be mailed Aug. 21 to all Palm Beach taxpayers, based on preliminary taxable property values totaling $34 billion.
In Florida, property owners receive a TRIM notice in August. In Volusia and Flagler counties, this year's mail-out date was Aug. 18.
Tax experts warn that both casual bettors and high rollers could face unexpected tax bills under increased IRS scrutiny in 2025. IRVINE, CALIFORNIA / ACCESS Newswire / August 18, 2025 / The Internal Revenue Service is stepping up enforcement on gambling-related income,
I think both of those will be resolved before the end of the month,” Murray told the. “They are going to be paid.”
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