Taxes April 17, 2026
Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows
New York City Mayor Zohran Mamdani made $1,643 in royalties from his now-defunct rap career last year, a copy of his tax return shows.
Taxes April 13, 2026
Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy
Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.
Taxes April 10, 2026
IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction
The Treasury Department and the IRS issued final regulations on Friday that list the occupations of tipped workers eligible for the "no tax on tips" provision introduced by last summer's One Big Beautiful Bill Act.
Taxes April 9, 2026
GOP Congressman Blames Senate Democrats for 2028 Senior Tax Relief Sunset
U.S. Rep. Derrick Van Orden (R-WI) says Social Security tax reductions for seniors in President Donald Trump’s One Big Beautiful Bill Act would have extended long beyond 2028 were it not for Senate Democrats.
Taxes April 7, 2026
25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk
Before you file another return this week, pull one off the stack and run it through this checklist- you will likely find thousands in savings your software missed.
Taxes March 24, 2026
More Individuals with Disabilities Now Eligible for ABLE Accounts in 2026
ABLE accounts can be created by eligible individuals to support themselves, by family members to support their dependents, or by guardians.
Taxes March 23, 2026
12 Little-Known Tax Deductions Many Business Owners Miss
From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.
Taxes March 10, 2026
Law Professor Learns Harsh State Income Tax Lesson
A law school professor working from home contested a state law requiring him to pay tax to a different state than the one where he resides.
Taxes March 9, 2026
Booker to Propose Bill That Would Make First $75K in Earnings Tax Free for Married Couples
Sen. Cory Booker (D-NJ) plans to propose legislation Tuesday that would increase the standard deduction to $75,000 for married couples filing jointly.
Taxes March 5, 2026
Hoping for a Tax Refund? Fund an IRA
This tax-deductible money move can help individuals lower their tax bills while growing their retirement savings.
Taxes March 2, 2026
IRS Releases New Form Taxpayers Will Use to Claim Key OBBBA Tax Deductions
The IRS has published Schedule 1-A and its related instructions for tax year 2025 so eligible taxpayers can claim tax breaks on tips, overtime, and auto loans, as well as the enhanced deduction for senior citizens, introduced in the One Big Beautiful Bill Act.
Taxes February 26, 2026
AICPA Requests Guidance for Itemized Deductions and Trump Accounts
The letter focuses on Section 70111, which modifies the Section 68 limitation on itemized deductions and provides comments on Notice 2025‑68, outlining the IRS’s planned regulations for Section 530A Trump accounts.