Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes February 5, 2026
House Advances Measure to Block D.C. Tax Code Decoupling
Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.
Taxes February 3, 2026
Republicans Look to Rebuke D.C. Council with Swing at Local Tax Code
The House is preparing to vote on a disapproval resolution this week that would reverse a recent measure passed by the D.C. Council that separates some local tax policies from the revamped federal tax code.
Taxes February 3, 2026
Oregon Democrats Unveil Plan to Close Trump Tax ‘Loopholes’ and Reduce Budget Deficit
Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.
Payroll January 28, 2026
Rapper Nicki Minaj Pledges Financial Support for Trump Accounts
During a summit to promote the new Trump Accounts program on Jan. 28, the Trinidadian singer said she plans to pledge between $150,000 and $300,000 to support the initiative.
Payroll January 28, 2026
Intel, JPMorgan Chase, Coinbase, and Others Will Match $1,000 Government Contribution to Employees’ Trump Accounts
Intel says it will put $1,000 in employees’ government-backed savings accounts for newborn children, matching the federal contribution to the new Trump Accounts.
Taxes January 28, 2026
Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program
Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.
Taxes January 27, 2026
IRS Posts FAQs About New OBBBA Deduction for Overtime Pay
The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.
Taxes January 27, 2026
Massachusetts Governor Seeks to Delay Federal Tax Cuts
Democratic Gov. Maura Healey is seeking to blunt the impact to state coffers from changes to the federal tax code under President Donald Trump’s new tax cuts and policy law, but business groups say the move would hurt Massachusetts’ competitiveness.
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.
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.
Taxes January 20, 2026
Reps. Miller and Horsford Introduce House Bill to Restore Gambling Loss Tax Deduction
The Facilitating Useful Loss Limitations to Help Our Unique Service Economy Act would restore the long-standing rule allowing gamblers to deduct 100% of their gambling losses against their winnings.