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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
House Democrats Grill IRS Chief Over ICE Data Sharing

IRS March 5, 2026 

House Democrats Grill IRS Chief Over ICE Data Sharing

House Ways and Means Democrats on Wednesday pressed IRS CEO Frank Bisignano on data access concerns in his first testimony on Capitol Hill since he took on his newly created role at the tax agency.

Mississippi’s Move to Make NIL Earnings Non-Taxable Could Flip the Script on College Football Recruiting

Taxes March 4, 2026 

Mississippi’s Move to Make NIL Earnings Non-Taxable Could Flip the Script on College Football Recruiting

The Mississippi House of Representatives recently passed legislation that would make name, image and likeness earnings tax-exempt for college athletes at the state level.

Missouri House Panel Advances Plan to Phase Out State’s Income Tax, But Hurdles Remain

Taxes March 4, 2026 

Missouri House Panel Advances Plan to Phase Out State’s Income Tax, But Hurdles Remain

Republican Gov. Mike Kehoe’s attempt to replace Missouri’s income tax with sales and use taxes advanced to the full House Wednesday, setting up a potentially contentious debate in the coming weeks.

U.S. Companies Added 63,000 Jobs in February, ADP Data Show

Payroll March 4, 2026 

U.S. Companies Added 63,000 Jobs in February, ADP Data Show

U.S. companies added the most jobs since July last month, adding to evidence of some stabilization in the labor market.

Sanders, Khanna Introduce Wealth Tax Bill Targeting Billionaires

Taxes March 4, 2026 

Sanders, Khanna Introduce Wealth Tax Bill Targeting Billionaires

A new bill introduced in Congress would provide direct payments of $3,000 to millions of Americans. The payments would be funded through an extra tax on some of the country’s wealthiest people.

Social Security Cuts Backlog of Disability Claims by 30%

Benefits March 3, 2026 

Social Security Cuts Backlog of Disability Claims by 30%

Improvements to the benefits claims process have cut through the delays and bureaucracy for thousands of Americans with disabilities, according to new data from the Social Security Administration.

Tax Refunds Are Up Double Digits So Far in 2026, IRS Stats Show

Taxes March 2, 2026 

Tax Refunds Are Up Double Digits So Far in 2026, IRS Stats Show

Tax refunds are up by more than 10% so far in 2026 with the average refund worth $351 more when compared to this time last year, according to the latest round of refund statistics revealed by the IRS on Feb. 27.

California Bill Would Exclude Military Retirement Pay From State Taxable Income

Taxes March 2, 2026 

California Bill Would Exclude Military Retirement Pay From State Taxable Income

A new bipartisan effort is underway in the California Legislature to ensure veterans and survivors won’t have to pay state income tax on retirement pay and survivor benefits.

N.J. Accountant Admits to Running a $10 Million Ponzi Scheme

General News March 2, 2026 

N.J. Accountant Admits to Running a $10 Million Ponzi Scheme

Evangelos Drosos, 51, of Glen Rock, NJ, pleaded guilty Feb. 19 to three counts of wire fraud, one count of bank fraud and failing to file one income tax return.

Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year

Taxes March 2, 2026 

Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year

Eligible Hoosiers whose earnings this year include gratuities or overtime will not be required to pay state or county income tax on the money when they file in 2027.

Accountant for a South Carolina College Stole Thousands of Public Money, Authorities Say

General News March 2, 2026 

Accountant for a South Carolina College Stole Thousands of Public Money, Authorities Say

Jessica Marie Holman, who worked at Denmark Technical College, was charged with financial transaction card theft and financial transaction card fraud (value more than $500 in a six-month period).

U.S. Farmers See New Trump Tariffs as Yet Another Round of Instability

Small Business March 2, 2026 

U.S. Farmers See New Trump Tariffs as Yet Another Round of Instability

Tariffs have battered U.S. agriculture for more than a year, upending trade flows and choking off access to key markets like China.

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