Taxes August 12, 2026
A bill backed by Oregon Sen. Ron Wyden to relieve natural disaster survivors from paying federal income taxes on their recovery settlements passed against unexpected odds.
Taxes August 10, 2026
The Senior Accessible Housing Tax Credit Act would provide tax credits of up to $10,000 for taxpayers age 60 and older who make qualifying improvements to their homes.
Taxes August 10, 2026
The American Energy Independence and Tax Fairness Act would “ensure the tax code no longer rewards companies for investing abroad instead of here at home,” Sen. Martin Heinrich (D-NM) said.
Benefits August 6, 2026
Social Security payments would increase, annual cost-of-living adjustments could be larger and fewer retirees would pay federal taxes on their benefits under a reintroduced proposal from two Connecticut lawmakers.
IRS July 31, 2026
“This bipartisan bill modernizes and streamlines IRS operations, strengthens taxpayer rights, and delivers a more taxpayer-first system,” Senate Finance Chairman Michael Crapo, R-Idaho, said.
Taxes July 30, 2026
The TAS Act addresses several important tax provisions that the AICPA has long-advocated for.
Benefits July 30, 2026
AARP said the PROMISE bill introduced by Sens. Dick Durbin, D-Ill., Bill Cassidy, R-La., and six other lawmakers would remove public input from its important role in reforming Social Security.
Benefits July 20, 2026
New bipartisan legislation introduced last week by Sen. Dick Durbin (D-Ill.) and a handful of other lawmakers looks to force congressional action before massive Social Security cuts hit within seven years.
Payroll July 17, 2026
U.S. Rep. Mike Levin (D-CA) introduced legislation on Thursday that would waive the standard 10% retirement account early withdrawal penalty for Americans seeking fertility treatment.
Taxes June 22, 2026
Newly released text offers details on legislation from progressive Sen. Bernie Sanders, I-Vt., for the federal government to take a 50% share in leading artificial intelligence companies.
Taxes June 5, 2026
House Ways and Means Chairman Jason Smith has made establishing a framework for the taxation of digital assets a top priority for the committee, even as the Senate toils to pass market structure legislation.
Taxes June 3, 2026
North Carolina lawmakers on Tuesday proposed implementing a 50% excise tax on pornography or other “prurient material” to fund efforts to stop human trafficking and domestic violence.