Taxes June 12, 2026
Why Anti-Tax Advocates Are Against DeSantis’ Property Tax Plan
Gov. Ron DeSantis’ plan to slash property taxes on Floridians’ primary homes has attracted an unlikely coalition of opponents: anti-tax advocates.
IRS June 11, 2026
IRS Restructures Security Summit to Better Tackle Tax-Related ID Theft and Fraud
The IRS will work more closely with payroll providers and created five work groups as part of a restructuring of its Security Summit program to quash tax-related identity theft and fraud.
Taxes June 11, 2026
IRS Provides Year in Review in 2025 Data Book
The IRS has released its 2025 Data Book, which provides the latest stats on revenue collected, refunds, taxpayer services, audits and compliance, and the agency's budget and workforce.
Taxes June 11, 2026
Treasury, IRS Provide Section 892 Tax Relief for Sovereign Investors
The additional guidance addresses the applicability dates of last year's proposed regulations under IRC Section 892 that exempt foreign governments, including sovereign wealth funds, from tax on certain income derived from passive U.S. investments.
Taxes June 11, 2026
IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-Exempt Groups
The Treasury Department and the IRS said last week they plan to issue proposed rules addressing the tax on excessive compensation and excess parachute payments to top executives of tax-exempt organizations under the One Big Beautiful Bill Act.
Taxes June 11, 2026
Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums
The tax increase with the most momentum is one that is likely to fall largely on everyday Californians in the form of increased costs for private health insurance monthly premiums.
Small Business June 10, 2026
U.S. Refunds $22 Billion in Tariffs, Canceling Out Customs Revenue
The U.S. Treasury refunded nearly $22 billion in tariff revenue collected from importers in May, the first swath of such repayments since the Supreme Court struck down a major component of President Donald Trump’s trade policy.
IRS June 10, 2026
‘Anti-Weaponization’ Fund Challengers Question Its Demise
Challengers to the Trump administration’s $1.8 billion “anti-weaponization fund” asked a judge Tuesday to let them seek evidence the Justice Department truly is abandoning the program, born out of the president's settlement with the IRS.
Taxes June 10, 2026
Tuberville Threatens to Sue Alabama Publication That Posted Redacted Tax Returns
U.S. Sen. Tommy Tuberville, who is running for governor in Alabama, has threatened to file a lawsuit against an Alabama news outlet after a journalist posted personal information gathered from his tax records.
Payroll June 9, 2026
Judge Halts Trump’s $100,000 H-1B Visa Fee
In the ruling, Judge Leo T. Sorokin found the Trump administration’s policy was effectively a tax, and that Congress in an immigration law had not given presidents the power to tax.
Taxes June 9, 2026
Lawmakers Revive Proposal to Eliminate Wyoming Property Taxes
Lawmakers are once again considering a proposal to ditch property taxes for an increase in sales taxes for Wyomingites.
IRS June 8, 2026
IRS Sets Up New Tax Professional Management Office
Effective June 28, the IRS's Return Preparer Office and the agency's Office of Professional Responsibility will be integrated into the new Tax Professional Management Office.