Legislation August 20, 2026
Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments
U.S. Sen. Jon Husted (R-Ohio) has introduced legislation that would let first-time homebuyers use unused college savings toward a down payment.
Taxes April 29, 2026
House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’
Introduced by Rep. Jimmy Panetta (D-CA), the SEED Act would allow early childhood educators to take a tax deduction for classroom supplies, educational materials and professional development opportunities.
Taxes April 29, 2026
House Approves Smucker Tax Legislation to Help Sexual Assault Survivors
Republican Pennsylvania congressman Lloyd Smucker's bill, the "Survivor Justice Tax Prevention Act," passed the U.S. House by voice vote on April 27.
Taxes April 22, 2026
Trump Tax Law Boosts Refunds, But Tariffs and Iran War Mute Its Impact
The problem for Americans—and for GOP candidates who want their votes—is that the bigger tax refunds have been largely offset by higher gas prices stemming from the U.S.-Israeli war with Iran and by President Donald Trump's taxes on imported goods.
Taxes April 21, 2026
New York Congressman’s Legislation Would Allow Tax Deductions on Utility Bills
The No Taxes on Utility Bills Act, introduced by Rep. John Riley (D-NY), would allow U.S. taxpayers to deduct all taxes and state-mandated surcharges included on gas and electric bills.
Taxes April 20, 2026
Johnson, Scalise Lean on Tax Cuts as They Fight to Keep Their Majority in Congress
House Speaker Mike Johnson, Rep. Steve Scalise, and their GOP colleagues say millions of taxpayers saved money on One Big Beautiful Bill Act tax breaks like exemptions for some tips, overtime, state and local taxes, and more.
Taxes April 17, 2026
No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop
President Donald Trump boasted Thursday that Nevada waiters, casino dealers, bartenders and other tipped workers had received "the biggest tax refunds of their entire lives," claiming average returns topped $4,000.
Taxes April 13, 2026
Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy
Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.
Taxes April 10, 2026
IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction
The Treasury Department and the IRS issued final regulations on Friday that list the occupations of tipped workers eligible for the "no tax on tips" provision introduced by last summer's One Big Beautiful Bill Act.
Taxes April 9, 2026
IRS Provides States with Guidance for Nominating Census Tracts as Opportunity Zones
The Treasury Department and the IRS issued guidance on April 6 that provides states, the District of Columbia, and territories with procedures to nominate population census tracts to be designated as qualified opportunity zones under the One Big Beautiful Bill Act.
Taxes April 9, 2026
GOP Congressman Blames Senate Democrats for 2028 Senior Tax Relief Sunset
U.S. Rep. Derrick Van Orden (R-WI) says Social Security tax reductions for seniors in President Donald Trump’s One Big Beautiful Bill Act would have extended long beyond 2028 were it not for Senate Democrats.
Taxes March 30, 2026
House Budget Chairman Says Reconciliation Bill to Target ‘Fraud’ in EITC, Other Means-Tested Programs
House Budget Chairman Jodey C. Arrington (R-TX) outlined an agenda for the bill on March 27, which includes targeting fraud in the earned income tax credit program and finding savings in other means-tested benefit programs.
Taxes March 26, 2026
House Ways and Means Advances Bill to Allow Tax-Free Settlements for Sexual Assault Survivors
U.S. Rep. Lloyd Smucker (R-PA) on Wednesday told the committee his bill would remove the need for sexual assault victims to fight the IRS and "relive the trauma of their case."