4 stories from the week to August 30, 2026, in the order they matter to someone who pays the top rate.
August 26, 2026
The IRS reminded taxpayers on extension that filing now, rather than at the deadline, avoids the fall rush and unpaid balances that keep accruing interest and penalties regardless of the extension.
Proposed regulations would tax a founder's or investor's share of a foreign subsidiary's income based on how many days they held the shares, closing a planning window that let a mid-year seller escape the tax entirely.
The IRS said its decades-old FIRE e-file system stops accepting 1099s and other information returns on November 19, 2026, forcing owners, landlords and family offices onto the newer IRIS platform.
A Tax Foundation survey found 24 of 35 European countries levy an estate, inheritance or gift tax, some above 80 percent, a stark contrast for American families with heirs or assets abroad.
General information, not tax, legal or investment advice.