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 February 3, 2026
Oregon Democrats Unveil Plan to Close Trump Tax ‘Loopholes’ and Reduce Budget Deficit
Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.
Taxes January 27, 2026
Massachusetts Governor Seeks to Delay Federal Tax Cuts
Democratic Gov. Maura Healey is seeking to blunt the impact to state coffers from changes to the federal tax code under President Donald Trump’s new tax cuts and policy law, but business groups say the move would hurt Massachusetts’ competitiveness.
Taxes January 23, 2026
New Effort to Restore Gambling Loss Tax Deduction Busts in House
The House Rules Committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings.
Taxes January 21, 2026
IRS, Treasury Update Safe Harbor Explanations for Retirement Plan Administrators
Notice 2026-13 provides two safe harbor explanations that plan administrators can use to satisfy the requirement under Section 402(f) of the tax code to provide certain information to recipients of eligible rollover distributions.
Taxes January 20, 2026
Reps. Pappas, Lawler Propose Bipartisan New Energy Tax Credit for Working Families
U.S. Reps. Chris Pappas (D-N.H.) and Mike Lawler (R-N.Y.) are proposing a temporary 75% federal tax credit for moderate-income families that pay more than 3% of their annual income on energy costs.
Taxes January 13, 2026
ADP Pushes Lawmakers to Extend Work Opportunity Tax Credit
In a letter to the chairmen and ranking members of both tax-writing panels in Congress, ADP says it supports a five-year extension of the WOTC, which has been proposed in legislation by lawmakers in the House and the Senate.
Taxes January 12, 2026
Keeping Obamacare Tax Credits Alive is ‘Putting America First,’ GOP Senator Says
Sen. Bernie Moreno, R-Ohio, is one of approximately a dozen senators who're participating in talks to extend Obamacare credits that lapsed on Jan. 1, according to Politico.
Taxes January 9, 2026
House Votes to Renew Obamacare Tax Credits in Blow to GOP Leaders
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 7, 2026
House Backs Renewing Obamacare Tax Credits, Defying GOP Leaders
Swing-district Republicans defied party leaders to join Democrats in advancing legislation Wednesday to revive expired Obamacare subsidies for three years.
Taxes January 5, 2026
Solar Installers Pivot After ‘Mad Rush’ to Claim Residential Tax Credit Ends
With a Dec. 31 deadline to connect solar panels before a significant federal tax credit for homeowners expired, installers were racing to mount panels before the incentive evaporated.
Taxes January 5, 2026
Bettors’ Phantom Winnings—in Nevada and Elsewhere—Now Face Real Tax Liability
Gamblers and casual bettors nationwide face a new tax reality: Starting in 2026, they can deduct just 90% of their losses against winnings, a drop from the prior full 100% allowance.
Taxes December 23, 2025
IRS Says Guidance Forthcoming on Dyed Fuel Excise Tax Refunds
Announcement 2026-01, which was issued on Dec. 22, notes that future IRS guidance will explain the process of how eligible taxpayers can submit a dyed fuel refund claim.