April 27, 2026
The IRS announced a way for business owners facing an Employee Retention Credit disallowance to extend the two-year deadline for administrative appeal or a refund lawsuit, but only if they act before six months remain.
The 2026 Wealth Report counts 251,352 Americans worth $30 million or more, the largest population of any country, and traces where that wealth is flowing across private capital, real estate and alternative assets.
The Howard Jarvis Taxpayers Association's Local Taxpayer Protection Act qualified for California's November 2026 ballot, threatening to cap city transfer taxes like LA's Measure ULA at a fraction of their current rate.
Governor Hochul's April 15 proposal would charge non-resident owners of vacant luxury NYC homes an annual surcharge, projected to raise at least $500 million a year, with an exemption for rented units.
The IRS reminded taxpayers that Form 4868 pushes the filing deadline to October 15, but any balance owed is still due April 15, a distinction that matters most for K-1 recipients and business owners who routinely extend.
Early 2026 filing-season data shows refunds up 11%, overtime deduction claims double the projection, and the SALT cap increase delivering roughly a quarter of the new law's tax cuts to high-income households.
Guidance issued April 6 opens a nomination window this summer for a renewed Opportunity Zone map, giving investors with large capital gains a new, recurring vehicle to defer and reduce tax on reinvested profits.
House Bill 463, passed on the final day of Georgia's session, speeds rate cuts toward 3.99%, raises standard deductions and drops several credits, reshaping the math for high earners weighing a Southeast move.
Northwestern Mutual's 2026 Planning & Progress Study found the self-reported retirement number keeps climbing, and the gap is even wider for savers who hold most of their nest egg in pretax accounts.
New York's estate tax exemption does not phase out gradually. Cross 105% of it and the whole estate is taxed from dollar one, a design that can cost a family hundreds of thousands more than staying just under the line.