September 17, 2026 at 1:37 PM PDT
The IRS’s proposed Trump Account regulations outline how employers may make up to $2,500 of qualifying contributions in 2026 and 2027, while adding plan, payroll, reporting, and nondiscrimination requirements.
A Sept. 17 report highlighted how Realty Income’s monthly REIT dividend can be shielded from federal tax inside a qualified Roth IRA, while the same payments in a taxable account are generally taxed at ordinary income rates.
IRSA told investors it will hold a shareholder meeting on Oct. 22 to vote on up to ARS 211 billion of dividends, governance items, and the proposed absorption of two companies into its Argentine operating company.
A new IRS automatic penalty-relief program covers some filing and payment penalties, but it does not extend to key international information returns, leaving potentially steep exposure for cross-border filers.
A September 17 ruling said Ukraine’s tax authority cannot begin a documentary unscheduled desk audit before properly serving the taxpayer with the audit order and notice.
A new argument against wealth taxes focuses less on rates and revenue than on what enforcement would require: deeper IRS access to household balance sheets, asset valuations, and disputes over private holdings.
The IRS told a federal appeals court that a lower-court decision in Kwong v. United States could retroactively unsettle tax filing, payment, assessment, and collection actions taken during the pandemic.
A House committee voted 38-5 to undo the 90% cap on gambling loss deductions and restore a 100% deduction retroactive to Jan. 1, 2026, a move that could reverse taxable “phantom” income for some players.
Early 2027 estimates point to higher federal income-tax thresholds, with the top 37% bracket potentially starting at $793,650 for joint filers and $661,375 for single filers.
Treasury and the IRS have proposed rules saying private schools and universities that engage in racial discrimination would not qualify for federal tax-exempt status, though the proposal is not yet final.
The higher SALT deduction cap opens a larger federal write-off for some homeowners in high-tax areas, but a phase-down above $500,000 of MAGI and regional gaps sharply limit who benefits.
A new policy paper argues Congress still has not resolved when staking and mining rewards should be taxed, leaving taxpayers to rely on IRS guidance as court disputes continue.
The House Ways and Means Committee approved legislation that would repeal the new 90% cap on gambling loss deductions, but the change still needs House, Senate and presidential approval before 2027.
A SECURE 2.0 rule now requires many workers age 50 and older with prior-year wages above $150,000 to put 401(k) catch-up contributions into a Roth account, ending the upfront federal tax break on that slice.
The IRS said some SECURE and SECURE 2.0 retirement plan amendments may be due after Dec. 31, 2026, depending on when the agency places a provision on its Required Amendments List.
A new example making the rounds among retirement planners shows how affluent couples in their early 60s may use low-income years before age 73 to shift a large 401(k) into Roth accounts while managing tax brackets and Medicare surcharges.
The IRS says new sample forms and standardized rollover procedures are meant to streamline plan-to-plan and plan-to-IRA transfers, while Treasury weighs tougher limits on paper checks and other hurdles.
The IRS said eligible farmers and ranchers in 49 states, the District of Columbia and Puerto Rico may get more time to replace livestock sold because of drought and defer tax on related gains.
Noble Tax Relief said it has expanded attorney-led IRS collection defense services in the Chicago area, targeting taxpayers facing liens, levies, wage garnishments and other federal enforcement actions.
Fair Tax Solutions said it is hosting a free Marietta workshop on IRS tax-debt resolution options, highlighting installment plans, offers in compromise, penalty relief, appeals, and currently not collectible status.
The Texas tax resolution firm said it is offering representation for IRS collections, wage garnishments, bank levies, unfiled returns, and certain state tax matters for individuals and small business owners.
Families funding Trump Accounts in 2026 have until Dec. 31, but employer contributions and pretax paycheck deferrals can also count toward the $5,000 annual cap and raise overfunding risk.
New IRS guidance gives eligible farmers and ranchers in drought-affected areas more time to replace breeding, dairy, and draft livestock and defer tax on gains from forced sales.
The IRS said farmers and ranchers forced to sell breeding, dairy, or draft livestock because of drought may get more time to replace animals and defer tax on gains in most of the country.