Taxes November 21, 2025
The Treasury Department and the IRS released interim guidance Nov. 20 on a new tax benefit for certain lenders, such as FDIC-insured banks, that provide loans secured by rural or agricultural real estate.
Taxes November 11, 2025
Instead of across-the-board property tax cuts, targeted state and federal incentives for younger first-time home buyers and older would-be sellers could begin to break the logjam in the housing market.
Taxes November 4, 2025
What began as a modest incentive meant to foster economic development in a nascent field became a billion-dollar windfall of questionable effectiveness. The tax breaks are now expired, but participating companies continue to benefit to this day.
Taxes October 24, 2025
For once, Democrats and Republicans may be on the same page: nonprofit hospitals should prove they're earning their tax-exempt status.
Taxes October 21, 2025
The IRS issued transitional guidance on Oct. 21 that provides penalty relief to certain lenders on the new information reporting requirements for car loan interest received in 2025 under the new Trump tax law.
Taxes October 3, 2025
The Treasury Department and the IRS issued new guidance Sept. 30 on qualified opportunity zone investments in rural areas under the One Big Beautiful Bill Act, the tax-and-spending bill signed into law in July.
Taxes September 10, 2025
Several legislative initiatives—like tort reform, limiting state regulation of AI, and fixing the PBM (pharmacy benefit manager) system—were left on the cutting-room floor and could be brought back in the months ahead.
Taxes August 5, 2025
Workers are cautiously optimistic about the tax code changes in the One Big Beautiful Bill Act, which allow some to deduct tips and overtime pay from their income up to certain limits.
Taxes June 9, 2025
The 1,037-page bill is chock full of increased spending for border security and the military, but the biggest ticket items are sweeping tax cuts that Republicans say will boost the economy.