Legislation October 26, 2026
Sen. Ron Wyden Pushes Bills to Tax Data Centers, Aid Displaced Workers
Data centers would see excise tax, exclusion from certain tax breaks under one proposal from Senate Finance ranking Democrat Ron Wyden of Oregon.
Taxes October 19, 2026
Donating to Charity? Your Generosity Could Pay Off at Tax Time This Year
Starting with the 2026 tax year, taxpayers who take the standard deduction can also claim a new deduction for qualifying charitable cash contributions.
Taxes October 8, 2026
A Tax Break for Early Childhood Educators: Why This Policy Change Matters
The bipartisan Early-Childhood Educators’ Deductions (SEED) Act, signed into law on Sept. 19, expands the federal educator expense deduction to include pre-K and early childhood educators.
Taxes September 3, 2026
Ohio Senator Wants to Wipe Out Data Center Tax Breaks Nationwide
Ohio Republican Sen. Bernie Moreno said his proposal would impose a federal tax equal to 100% of any tax incentive a state or local government gives a data center.
Taxes August 20, 2026
IRS to Open Office of Conservation Easements
In addition, the IRS said it's transitioning the process for settlements in conservation easement disputes, with roughly 1,100 of these cases currently pending.
Taxes August 10, 2026
Heinrich Proposes Bill That Would End Tax Breaks for Oil and Gas Drilling Abroad
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.
Taxes July 16, 2026
A $900 Tax Break for Pet Owners? New Jersey is Considering It
A proposal in the state Legislature would provide pet owners with a $300 state tax credit for everyday pet expenses and up to an additional $600 for veterinary care.
Taxes June 16, 2026
Bask in Tax Breaks for Vacation Home Rentals
Generally, you can claim tax deductions for this second home within generous limits if you itemize on your tax return.
Taxes April 29, 2026
IRS Increases Foreign Earned Income Tax Breaks
In a new ruling, Notice 2026-25, 4/7/26, the IRS has bolstered a couple of tax breaks available to taxpayers working abroad.
Taxes April 21, 2026
Enjoy Summer Tax Breaks for RVs and Boats
You may be eligible for mortgage interest deductions if you itemize on your 2026 return.
Taxes April 20, 2026
Johnson, Scalise Lean on Tax Cuts as They Fight to Keep Their Majority in Congress
House Speaker Mike Johnson, Rep. Steve Scalise, and their GOP colleagues say millions of taxpayers saved money on One Big Beautiful Bill Act tax breaks like exemptions for some tips, overtime, state and local taxes, and more.
Taxes April 15, 2026
Several States Didn’t Report Losses From Data Center Tax Breaks, Study Says
The lack of disclosure comes as some states report losing more than $1 billion per year to data center incentives.