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House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’

Taxes April 29, 2026 

House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’

Introduced by Rep. Jimmy Panetta (D-CA), the SEED Act would allow early childhood educators to take a tax deduction for classroom supplies, educational materials and professional development opportunities.

Featured Articles

April 29, 2026  

House Approves Smucker Tax Legislation to Help Sexual Assault Survivors

April 28, 2026  

Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law

April 28, 2026  

Massachusetts Tax Preparers Charged in Connection with Using Fraudulent Returns to Buy House

April 28, 2026  

Accountant, Data Analyst Accuse Exxon Mobil and Empire Petroleum of Defrauding Taxpayers in Orphan Well Scheme

April 27, 2026  

Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts
Poison-Pill Effort to Cancel Proposed California Billionaire Tax Hits Voters’ Mailboxes

Taxes March 11, 2026 

Poison-Pill Effort to Cancel Proposed California Billionaire Tax Hits Voters’ Mailboxes

California voters are being urged to put a poison-pill effort on the November ballot that would nullify a controversial proposed tax on the state's billionaires.

Washington State ‘Millionaires Tax’ Clears House After 24-Hour Debate

Taxes March 11, 2026 

Washington State ‘Millionaires Tax’ Clears House After 24-Hour Debate

After a debate that stretched more than 24 hours, the Washington House of Representatives on Tuesday approved a state income tax on people earning more than $1 million a year, setting up a final vote in the Senate as early as Wednesday.

A Tax Preparer Went to Prison for a $4.3M Scam. She’s Now Charged in a New $5.5M Scheme, Feds Say

Taxes March 11, 2026 

A Tax Preparer Went to Prison for a $4.3M Scam. She’s Now Charged in a New $5.5M Scheme, Feds Say

Before Jessenia Cordero finished serving her prison term for a $4.3 million in a tax fraud scheme, the wheels were in motion for her next scheme, federal authorities allege in court records.

Ex-Mayor of Portage, Indiana, Sentenced to 3 Years of Probation for Federal IRS Charge

Taxes March 11, 2026 

Ex-Mayor of Portage, Indiana, Sentenced to 3 Years of Probation for Federal IRS Charge

James Snyder will have to pay $78,111.57 in restitution, which is what he still owes for obstructing the IRS, made in monthly payments of $570 a month. He has paid $18,000 of his debt.

Chicago-Area Tax Preparer Gets 10 Years in Prison for $14 Million Fraud Tied to COVID-19 Loans

Taxes March 10, 2026 

Chicago-Area Tax Preparer Gets 10 Years in Prison for $14 Million Fraud Tied to COVID-19 Loans

Sharhabeel Shreiteh of Crete, IL, was sentenced to 10 years in federal prison Tuesday in a massive, $14 million fraud scheme where he collected kickbacks for filing more than 1,500 bogus loan applications at the height of the COVID-19 pandemic.

Which States Tax the Rich at the Highest Level?

Taxes March 10, 2026 

Which States Tax the Rich at the Highest Level?

Stacker, a website specializing in publishing data, found that the American elite—the top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.

Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?

Taxes March 10, 2026 

Could Washington State ‘Millionaires Tax’ Lead to Capital Flight?

Tax them, and they will flee. That’s the idea behind capital flight, an economic term used by tax critics to describe an exodus of wealth and investments because of higher taxes or cost of doing business.

New York Lawmakers Propose Boosting Taxes on the Rich, Challenging Hochul and Aligning with Mamdani

Taxes March 10, 2026 

New York Lawmakers Propose Boosting Taxes on the Rich, Challenging Hochul and Aligning with Mamdani

A budget battle is unfolding in Albany as state lawmakers in their budget proposals unveiled a push for tax hikes on both wealthy individuals and corporations to supply New York City with more money.

Legal Fight Reopens Over Trump’s Push to Tax Low-Value Imports

Small Business March 10, 2026 

Legal Fight Reopens Over Trump’s Push to Tax Low-Value Imports

A U.S. trade court has revived a challenge to President Donald Trump’s move to end a tariff exemption for low-dollar imports, resuming a legal fight with financial stakes for online retailers and small businesses as well as Americans who directly buy goods overseas.

Survey: Americans Are Increasingly Entangled in Financial Scams—and AI is Contributing to the Problem

Payroll March 10, 2026 

Survey: Americans Are Increasingly Entangled in Financial Scams—and AI is Contributing to the Problem

Experts in financial fraud prevention said results of a Bankrate survey support what they’ve noticed: financial fraud is on the rise in the U.S., and so is the public’s awareness that they’re being targeted.

Social Security Launches Streamlined Process for This Key Document

Benefits March 10, 2026 

Social Security Launches Streamlined Process for This Key Document

The Social Security Administration has launched an online process for Social Security cards, reducing in-office wait times and promoting mobile check-ins.

Column: Social Security Fairness Act Windfalls Can Surprise Some Seniors with Higher Property Tax Bill

Benefits March 10, 2026 

Column: Social Security Fairness Act Windfalls Can Surprise Some Seniors with Higher Property Tax Bill

The “gift” of higher Social Security benefits and the one-time catch-up payment clearly may have a downside for some—potentially a much higher property tax bill.

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