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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
FBI Creates Email Hotline for Accountant Jonathan Frost’s Investment Scheme Victims

Accounting February 17, 2026 

FBI Creates Email Hotline for Accountant Jonathan Frost’s Investment Scheme Victims

Investors in former Chattanooga accountant Jonathan Frost's hydrogen plant investment scheme are encouraged to email the FBI and access a website with case updates, officials say.

NYC Mayor Zohran Mamdani Mulls Property Tax Hike, Pushes Governor to Tax the Wealthy

Taxes February 17, 2026 

NYC Mayor Zohran Mamdani Mulls Property Tax Hike, Pushes Governor to Tax the Wealthy

Mamdani is expected to propose raising property taxes to balance the city budget on Tuesday, in the face of Gov. Kathy Hochul’s continued resistance to raising taxes on the wealthy and corporations.

‘Millionaires Tax’ Clears Washington Senate

Taxes February 17, 2026 

‘Millionaires Tax’ Clears Washington Senate

The legislation, which now heads to the state's House for consideration, would levy a 9.9% tax on earnings over $1 million a year, and is estimated to bring in about $3.5 billion annually.

Trump’s Tax Rules Still Unclear to U.S. Clean-Energy Industry

Taxes February 17, 2026 

Trump’s Tax Rules Still Unclear to U.S. Clean-Energy Industry

The Trump administration’s interim guidance on clean energy tax credits released Thursday offered some relief to the industry by laying out a manageable path for new projects. But, it still left investors uncertain.

Washington State Small Businesses Struggling with Health Insurance Rate Hikes

Small Business February 17, 2026 

Washington State Small Businesses Struggling with Health Insurance Rate Hikes

For years, the cost of insurance has risen rapidly for small businesses, even as coverage has eroded. Pushed to financial limits, some are no longer paying for it at all, leaving workers to buy plans on their own.

Massachusetts Lawmakers Urged to ‘Opt Out’ of New Federal Tax Policies

Taxes February 16, 2026 

Massachusetts Lawmakers Urged to ‘Opt Out’ of New Federal Tax Policies

Gov. Maura Healey has proposed delaying implementation until next year of what she described as the five “most costliest” changes in the federal tax code created by the One Big Beautiful Bill Act.

How to Face Down Estate Planning Paralysis

Payroll February 16, 2026 

How to Face Down Estate Planning Paralysis

Financial experts say you’ll be better prepared if you follow through with the paperwork. Once your documents are done and official, you and your loved ones can live with less worry.

The Promise and Pitfalls of Lifetime Income in 401(k) Plans

Payroll February 16, 2026 

The Promise and Pitfalls of Lifetime Income in 401(k) Plans

Seven years after Congress gave employers the green light to add lifetime income options to 401(k) plans, adoption remains more of a crawl than a sprint.

Column: Another ‘Millionaires Tax’ Finds Seattle is Far Richer Than Anyone Knew

Taxes February 16, 2026 

Column: Another ‘Millionaires Tax’ Finds Seattle is Far Richer Than Anyone Knew

The city’s new social housing tax, levied on lofty pay packages to pay for public housing, was due Jan. 31. The startling news was that it blew the projections out of the water.

Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back

Taxes February 12, 2026 

Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back

The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.

Chattanooga Accountant Jonathan Frost Free on $10K Bond After Pleading Guilty

Accounting February 12, 2026 

Chattanooga Accountant Jonathan Frost Free on $10K Bond After Pleading Guilty

The former Chattanooga accountant is free on a $10,000 bond after he pleaded guilty to conspiracy to commit wire and tax fraud and conspiracy to commit money laundering in court on Feb. 11.

Wyden Assails Trump Over $10 Billion Lawsuit Against IRS

Taxes February 12, 2026 

Wyden Assails Trump Over $10 Billion Lawsuit Against IRS

Oregon Democratic Sen. Ron Wyden introduced a bill Feb. 10 to block the president from receiving any payout, by levying a 100% tax on it. The legislation is unlikely to move given Republicans’ majority in the Senate.

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