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 August 26, 2025
IRS Issues Fact Sheet on Expiring Clean Energy Tax Incentives
The IRS on Aug. 21 issued a fact sheet containing frequently asked questions about Biden-era clean energy tax credits and deductions soon to expire under the One Big Beautiful Bill Act.
IRS August 25, 2025
Taxpayer Input Sought on Free Tax Filing Options as IRS Direct File Faces Elimination
Taxpayers have through Sept. 5 to fill out a survey that will be presented to Congress, as the Biden-era program that allows taxpayers to file their taxes for free is at risk of being shut down.
Taxes August 13, 2025
Nevada Dems Seek Clarification from Treasury Department on ‘No Tax on Tips’ Policy
In a letter, Democratic members of Nevada’s federal delegation urged the Treasury Department to address possible shortfalls of the One Big Beautiful Bill Act's "no tax on tips" provision as it’s implemented.
Taxes August 13, 2025
GOP’s Gambling Tax Change Seen as Threat to States’ Revenues, Legitimate Casinos
Gaming experts assembled by Rep. Dina Titus, D-Nev., for a town hall bemoaned a tax change included in the One Big Beautiful Bill Act, saying it would benefit gaming markets not contributing to states' revenues.
Taxes August 11, 2025
Why California’s Wealthiest Taxpayers Could Get Less of a Trump Tax Break
SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California than most other states, according to experts.
Taxes August 5, 2025
States Scramble to Complete Renewable Energy Projects Before Tax Credits Expire
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Legislation August 5, 2025
Big Beautiful Bureaucratic Headaches
The One Big Beautiful Bill Act (OBBBA) imposes costly new recordkeeping and administrative requirements on the states and counties that are often the ones who deliver various federal aid programs.
Taxes August 5, 2025
Republicans Betting Trump Tax Law’s Business Provisions Trigger Boon
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
Workers Cautiously Embrace No Tax on Tips and Overtime
Workers are cautiously optimistic about the tax code changes in the One Big Beautiful Bill Act, which allow some to deduct tips and overtime pay from their income up to certain limits.
Taxes July 31, 2025
New Federal School Voucher Program Poses a Quandary for States: Opt In or Opt Out?
A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight.
Taxes July 29, 2025
Bipartisan Senate Bill Would Expand Tax Credits for Businesses Hiring Student Veterans
The legislation would incentivize businesses to hire student veterans through an expansion of the Work Opportunity Tax Credit.