Taxes August 5, 2026
Paxton Pitches Family Tax Cuts While Hammering Talarico in Texas Senate Race
The GOP candidate promotes tax breaks on health care, homes and children as the Democrat's campaign calls the affordability push "laughable."
Taxes July 7, 2026
New Jersey Eyes 9% Tax on Prediction Markets
New Jersey lawmakers are advancing a bill that would impose an additional 9 percent tax on income earned by companies and individuals that operate prediction markets.
Payroll July 7, 2026
Trump Accounts Risk Missing Low-Income Families Buying In
The Trump administration is touting its tax-advantaged investment accounts for those under 18, but critics say the accounts may only reach those who are already set in life.
Taxes July 6, 2026
How Much Will World Cup Players Pay in Taxes? In 2026, FIFA is the Real Winner
Mexico, the U.S., and Canada will share federal tax revenue, but many other taxes come into play with the World Cup, teams, and players.
IRS July 6, 2026
IRS Shares Data with More Than 1,000 Organizations, Some of Which It Can’t Identify
The IRS has 1,124 known data-sharing agreements with outside organizations that are provided with federal tax information. The problem is the IRS couldn't identify all of its agreements or contracts because the agency doesn't have a centralized database.
IRS July 6, 2026
IRS Failed to Meet Veteran Hiring Goal
From FY 2020 to FY 2024, only 8% of the 70,879 people hired by the IRS were veterans, falling way short of the 14% veteran hiring goal set by the Treasury Department, a new report from the Treasury Inspector General for Tax Administration says.
Taxes July 6, 2026
Campaign to Repeal Washington ‘Millionaires Tax’ Submits Over 500,000 Signatures
Opponents of Washington’s new high-earners income tax submitted more than 500,000 signatures for an initiative to kill the tax Thursday, setting up an epic brawl for November over the state's tax system.
Taxes July 6, 2026
TIGTA Made 91 Surprise Visits to IRS Taxpayer Assistance Centers. Here’s What Happened
Some IRS Taxpayer Assistance Centers didn't provide accurate tax guidance or properly assist walk-in taxpayers during the 2025 filing season, according to a new report from the Treasury Inspector General for Tax Administration.
IRS July 6, 2026
Senate Democrat Demands Records on DOJ, IRS Settlement Planning
Sen. Sheldon Whitehouse (D-R.I.) seeks copies of “all memoranda prepared by the IRS discussing defenses against” claims Trump and his sons made in their $10 billion lawsuit against the IRS, according to a letter.
Taxes July 2, 2026
After Newsom Couldn’t Stop It, California Braces for Billionaire Tax Brawl
A week after Gov. Gavin Newsom failed to broker a deal to stop a proposed billionaire tax, both sides of the fight are trading blame and bracing for a high-stakes, nationally watched political brawl.
Taxes July 2, 2026
Indictment Charges Drug Addiction Treatment Center CEO with Trying to Resell Millions of Dollars Worth of ERCs
Tim Robinson, founder of Addiction Recovery Center, what was once Kentucky’s largest drug addiction treatment company, was criminally indicted last month on charges of wire fraud and money laundering.
Taxes July 2, 2026
Former Tax Preparer Ordered to Repay $1.4M in ERC Tax Fraud Case in Mississippi
Patricia Jones, 44, of Lamar, MS, who submitted fraudulent tax forms to steal more than $1.4 in pandemic relief funds, was sentenced to more than four years in federal prison this week and ordered to pay full restitution.
Taxes July 1, 2026
House Ways and Means in Early Stages of Tackling Sports Taxation
Legislation on a wide range of sports-related tax issues is under consideration.