Taxes August 24, 2026
IRS Keeps Interest Rates Steady for Q4 2026
Interest rates for tax underpayments and overpayments will stay the same for the fourth calendar quarter of 2026, which begins on Oct. 1, the IRS said on Friday.
Taxes August 24, 2026
Whiplash: The 5th Circuit Rewrites the Limited-Partner Self-Employment Tax Test; Tax Pros Should Check in With Clients
There’s an ongoing legal debate taking place in the courts over the self-employment tax treatment of partnership income that is flying below the radar for many busy tax professionals.
Taxes August 21, 2026
Tax Court Takes Narrow View of Tax-Exempt Legal Settlements
The short story is that full amount of a personal legal settlement is generally taxable as ordinary income at rates currently topping out at 37%.
Taxes August 20, 2026
IRS Adds Tax Compliance Report to Individual Online Accounts
The IRS on Thursday unveiled a digitally authenticated Tax Compliance Report, found through IRS Individual Online Account, that shows whether a taxpayer filed tax returns and paid taxes on time.
Retirement August 20, 2026
5 Tax Moves Retirees Should Consider Before the End of 2026
Certain strategies intended to affect the 2026 tax year must be completed by December 31.
Taxes August 19, 2026
IRS Regs Would Block Certain Immigrants From Claiming Refundable Tax Credits
Proposed rules issued by the Treasury Department and the IRS on Wednesday would restrict undocumented immigrants' access to refundable tax credits, such as the Earned Income Tax Credit and the Child Tax Credit.
Taxes August 19, 2026
Carried Interest Tax Hike Would Barely Dent Federal Debt, Analysis Finds
High cost, low benefit. That’s the projected impact from a proposed tax hike on carried interest, according to an analysis from the Tax Foundation.
Taxes August 17, 2026
Billionaire Mark Cuban Blasts ‘Insane’ Ro Khanna Wealth Tax Proposal
Cuban lashed out at Silicon Valley Congressman Ro Khanna over the Democratic lawmaker’s proposal that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.
Taxes August 14, 2026
Californians Split on Proposed Tax on Billionaires, Poll Shows
California voters are sharply divided over a ballot measure to impose a one-time tax on billionaires to help fund healthcare programs, according to a poll released Friday.
Taxes August 14, 2026
Google Co-Founder Sergey Brin Pours Over $100 Million Into Fighting California Billionaire Tax
Google co-founder Sergey Brin has poured $102 million this year into Building a Better California, a group that's funding two ballot measures that could block a billionaire tax.
Taxes August 14, 2026
Judge Allows Fiscal Impacts From ‘Millionaires Tax’ on Washington Ballots
The judge said it is constitutional for Washington ballots to include information about how a repeal of the high-income earners' tax would impact the state budget.
Taxes August 13, 2026
Trump Seeks Immediate Halt to Judge’s Penalties in IRS Case
President Donald Trump is challenging a Miami judge’s findings that he brought the IRS case in “bad faith” and reached a deal with the Justice Department to end the litigation that had no “basis in law.”