6 stories from the week to June 7, 2026, in the order they matter to someone who pays the top rate.
June 6, 2026
A federal judge vacated IRS Notice 2025-42 on June 6, restoring a bright-line path to begin construction, but an expected appeal leaves project owners and tax-equity investors weighing real risk.
A new notice extends the 21% excise tax on excess pay at tax-exempt organizations beyond the top five earners, a change that touches board members and major donors as much as executives.
The IRS 2025 Data Book shows audit exposure rising steeply with income, with the sharpest jump above $5 million, and about $175,000 of proposed tax per closed audit at the very top.
Capgemini's World Wealth Report 2026 found the fastest wealth growth for high-net-worth individuals since 2018, driven by equities that many households have never trimmed for taxes.
Lawmakers sent voters HJR 1-F, which would lift the non-school homestead exemption to $250,000 by 2028, cap non-homestead assessment growth at 5% and make new residents wait four years.
Anthropic's confidential IPO filing, made after a $65 billion round at a $965 billion valuation, gives current and former staff a narrowing window to settle basis, QSBS and residency questions.
General information, not tax, legal or investment advice.