7 stories from the week to March 8, 2026, in the order they matter to someone who pays the top rate.
March 6, 2026
A new proposal would remove the transaction-of-interest reporting regime for related-party partnership basis adjustments and let participants treat it as if it never took effect.
Two sets of proposed IRS regulations explain who can open a child's Trump Account, how parents claim the $1,000 Treasury contribution and what families should know before deposits begin July 4, 2026.
The 2026 Dirty Dozen list flags fabricated undistributed capital gains credits and AI-enhanced impersonation calls, both aimed at taxpayers with investment income.
Brokers' first Forms 1099-DA report only gross proceeds for 2025 sales, leaving investors to prove their own cost basis, while Treasury proposes letting brokers deliver the forms electronically.
Fidelity's year-end account data shows average retirement balances rising by double digits, a milestone that also foreshadows larger required withdrawals — and tax bills — down the road.
Revenue Procedure 2026-15 lifts the luxury-auto depreciation ceilings slightly for 2026, but the bigger number for owners buying a heavy SUV is the separate $32,000 Section 179 limit paired with full bonus depreciation.
The IRS's new Schedule 1-A bundles four temporary deductions into one form, and its line-by-line phaseout math determines whether affluent households get any benefit at all.
General information, not tax, legal or investment advice.