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Tax and financial planning news from around the web: March 17 – 21, 2025

Written on Mar 21, 2025

The threat of a government shutdown appears to be receding, but the IRS would nevertheless still operate during tax season, even at lower capacity, in the event of a shutdown. 

Gubernatorial candidates Attorney General Dave Yost and entrepreneur Vivek Ramaswamy support the end of the state income tax. Both have said it would have to be done over a period of time and likely offset with cuts to state spending.