Taxes August 19, 2026
Carried Interest Tax Hike Would Barely Dent Federal Debt, Analysis Finds
High cost, low benefit. That’s the projected impact from a proposed tax hike on carried interest, according to an analysis from the Tax Foundation.
Taxes August 10, 2026
Judge Halts Rollout of Mamdani’s Pied-à-Terre Tax
The order also nullified any deadlines for the tax, at least for the time being.
Taxes August 10, 2026
New Senate Bill Would Provide $10,000 Tax Credit Toward Home Upgrades for Seniors
The Senior Accessible Housing Tax Credit Act would provide tax credits of up to $10,000 for taxpayers age 60 and older who make qualifying improvements to their homes.
Taxes August 10, 2026
IRS to Issue Rules on Saver’s Match Retirement Program
The program, enacted as part of the SECURE 2.0 Act, replaces the Saver’s Credit. Eligible taxpayers will begin receiving payments in 2028 based on contributions made during the 2027 tax year.
Payroll August 10, 2026
Millions Sign Up for Trump Accounts, But Are They a Wise Investment?
Trump Accounts are a new investment option for children, and those born during the second Trump administration get $1,000 added to them by the federal government.
Taxes August 10, 2026
Hochul Defends New York City Pied-à-Terre Tax
New York Gov. Kathy Hochul pushed back on suggestions that state-approval of the pied-à-terre tax represents a concession to progressive Democrats in New York City.
Taxes August 10, 2026
Heinrich Proposes Bill That Would End Tax Breaks for Oil and Gas Drilling Abroad
The American Energy Independence and Tax Fairness Act would “ensure the tax code no longer rewards companies for investing abroad instead of here at home,” Sen. Martin Heinrich (D-NM) said.
IRS August 10, 2026
Todd Blanche Confirmed by Senate as Attorney General
The 50-49 vote to confirm Blanche fell mostly along party lines, with two Republicans breaking ranks to oppose him.
CAS August 10, 2026
Spotting R&D Tax Credit Opportunities in Clients’ Custom AI Projects
Most AI adoption will never qualify for the research credit. The exceptions are turning up in ordinary business clients, and the evidence is hardest to assemble once the year has closed.
Taxes August 7, 2026
NYC Sued Over Mamdani Administration’s Controversial Pied-à-Terre Tax Rollout
The lawsuit, filed Friday, argues the city “has arbitrarily and capriciously foisted” on city dwellers the responsibility of proving they’re full-time residents who shouldn’t be hit with the surcharge.
Taxes August 7, 2026
Grammy Winner Toni Braxton Pays Off $600K in Federal Back Taxes
A rep for the “Braxton Family Values” star, 59, told TMZ that Braxton has settled the $598,624 debt she owed to the IRS.
Taxes August 7, 2026
IRS Updates FAQs on OBBBA Overtime Tax Deduction
The IRS updated frequently asked questions about the new deduction for qualified overtime compensation, one of the many One Big Beautiful Bill Act tax provisions touted by the Trump administration.
Taxes August 7, 2026
Minnesota State University’s Director of African American Affairs Out After Tax Fraud Conviction
Cortez Hollis also owned and operated Hollis Tax Time, a Minnesota tax preparation business prosecutors said was used to prepare false tax returns for clients.