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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
Is California’s Proposed Billionaire Tax Smart Policy? History Holds Lessons

Taxes January 26, 2026 

Is California’s Proposed Billionaire Tax Smart Policy? History Holds Lessons

In the roiling debate over California's proposed billionaire tax, supporters and critics agree that such policies haven't always worked in the past. But the lessons they've drawn from that history are wildly different.

How to Prepare for the ‘Great Wealth Transfer’

Payroll January 26, 2026 

How to Prepare for the ‘Great Wealth Transfer’

Planning for an inheritance is a way to protect your future self—who may be grieving, overwhelmed and less able to make clear decisions.

Americans Split on Using AI for Personal Finances

Artificial Intelligence January 26, 2026 

Americans Split on Using AI for Personal Finances

About half (48%) of Americans say using AI will have a positive impact on their personal finances while the other 52% disagree, according to a NerdWallet survey.

Target-store-official-Target_dot_com-NewStores2021_ABVheader

General News January 25, 2026 

CEOs of Target, 3M, General Mills, United Health, and Other Minnesota Companies Call for Deescalation of Violence

The statement included CEOs from Target, General Mills, UnitedHealth Group and 3M — imploring local and federal officials to “come together to foster progress.”

 Trump Threatens New 100% Tariff on Canada Over China Deal

Small Business January 25, 2026 

Trump Threatens New 100% Tariff on Canada Over China Deal

President Trump threatened Canada with 100% tariffs against exports to the U.S. if it makes a trade deal with China, escalating tensions between the U.S. and its northern neighbor.

Power Outages Affect Homes and Businesses Due to Winter Storm

Small Business January 25, 2026 

Power Outages Affect Homes and Businesses Due to Winter Storm

A massive winter storm reached the U.S. Atlantic Coast on Sunday, bringing heavy snow and ice, straining electric grids and grounding thousands of flights at levels not seen since the pandemic.

New Effort to Restore Gambling Loss Tax Deduction Busts in House

Taxes January 23, 2026 

New Effort to Restore Gambling Loss Tax Deduction Busts in House

The House Rules Committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings.

Social Security is Making ‘Significant Progress’ Toward Digital-First Platform

Payroll January 23, 2026 

Social Security is Making ‘Significant Progress’ Toward Digital-First Platform

Social Security Commissioner Frank Bisignano briefed the Social Security Advisory Board on Jan. 7, 2026, highlighting significant customer service improvements over the past year.

Constitutional or Not? Education Tax Credit Case Reaches Idaho Supreme Court

Taxes January 23, 2026 

Constitutional or Not? Education Tax Credit Case Reaches Idaho Supreme Court

The Idaho Supreme Court heard arguments Friday on a challenge to Idaho’s $50 million tax credit program that directs public money toward private schools and homeschooling expenses.

Ex-Bookkeeper Gets 34 Months for Embezzling $860K From Connecticut Businesses, Feds Say

General News January 23, 2026 

Ex-Bookkeeper Gets 34 Months for Embezzling $860K From Connecticut Businesses, Feds Say

Maria Higgins, 36, of Manchester, CT, who worked as a bookkeeper at businesses in Glastonbury and Danbury, CT, has been sentenced to prison for embezzling more than $860,000 from them, as well as tax evasion.

California Billionaire Tax Proposal Roils Bay Area Havens, Divides Politicians

Taxes January 22, 2026 

California Billionaire Tax Proposal Roils Bay Area Havens, Divides Politicians

The proposal is roiling some of the Bay Area’s havens for the ultra-wealthy and setting off a vitriolic political fight over how far the state should go to fund its health care system—and whether the super-rich will tolerate it.

Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says

Taxes January 22, 2026 

Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says

Yale University will be admitting fewer graduate students in response to the looming federal endowment tax hike that university officials warn is creating a major budget shortfall.

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