Taxes October 23, 2026
Americans Once Distilled Liquor at Home. Could a Court Fight Bring the Tradition Back?
The legal question at the center of two court cases is how far Congress’ power to collect federal alcohol taxes extends.
Taxes November 19, 2025
Senator Has the Tax-Exempt Status of College Athletics Revenue in Her Crosshairs
In a letter to the Joint Committee on Taxation, Sen. Maria Cantwell (D-WA) called for an analysis of the current landscape of college athletics centered around the policies that shield much of the industry from taxation.
Taxes November 19, 2025
Just Desserts for Missing Charitable Records
As evidenced by a taxpayer in a new case, Besaw, TC Sum. Op. 2025-7, 7/21/25, just missing one or two of the key ingredients can spoil the deal.
Taxes November 19, 2025
Trump Draws Line in Sand on Extending ACA Tax Credits
President Donald Trump on Tuesday gave his sharpest rebuke of congressional Democrats’ efforts to extend expiring Affordable Care Act enhanced tax credits, saying he would not support legislation to do so.
Taxes November 19, 2025
Tax Documents Show Trump Library is Counting on a $1 Billion Fundraising Haul
Donald Trump’s presidential library foundation plans to raise almost a billion dollars in tax-exempt contributions over the next two years to build and operate his high-rise legacy project in downtown Miami, according to new tax filings.
Taxes November 18, 2025
Chicago Mayor’s Head Tax Plan Defeated in Council Committee Vote
Chicago aldermen voted down Mayor Brandon Johnson’s 2026 budget in a Monday committee vote, a historic display of rebellion against the freshman mayor who has been struggling to shore up support for his controversial head tax.
Special Section: Guide to 2025 Tax Changes November 18, 2025
New Tax Breaks for Qualified Opportunity Zones – OBBBA Tax Law Changes
The OBBBA generally enhances the tax benefits available for investments in the Qualified Opportunity Zone (QOZ) program and makes these favorable tax law changes permanent.
Taxes November 18, 2025
Ex-Connecticut Tax Preparer Pleads Guilty to Tax Fraud After Owing Over $400K to the IRS
Diana Miller-Lloyd, 44, who currently lives in Jacksonville, FL, pleaded guilty in Hartford federal court to aiding in the preparation of false tax returns.
Taxes November 18, 2025
IRS Keeps Tax Interest Rates the Same for Q1 of 2026
For individuals, the rate for tax underpayments and overpayments will be 7% per year, compounded daily, the IRS said on Nov. 13.
Taxes November 18, 2025
Lawmakers Debate Eliminating Georgia’s Income Tax
Supporters say it will boost economic development, but opponents say it will hurt ordinary Georgians by hiking sales taxes and other fees.
Technology November 18, 2025
April Launches Real-Time Tax Calculation Solution for Equity Transactions
The New York City-based tax technology platform has launched its real-time, personalized tax calculation product for equity transactions, in partnership with Nasdaq Private Market.
Taxes November 18, 2025
Trump Doubles Down on Sending Direct Checks to Americans: ‘GET IT DONE’
In a post on his Truth Social platform, the president doubled down on his proposal to redirect payments to consumers rather than health insurers, as Affordable Care Act tax credits are set to expire at the end of the year.
Taxes November 17, 2025
Small Business Owners and GOP Lawmakers Grapple with the Fate of ACA Tax Credits
After years of unified opposition to Obamacare, the Republican Party now faces pressure from one of its most loyal constituencies, small business owners, who will bear the brunt of rising premiums if the subsidies disappear.