Congress, the IRS, Treasury and the courts.
September 19, 2026 at 11:36 PM PDT
A new push to remove Social Security’s wage cap would extend the 6.2% payroll tax above $184,500 in 2026, raising costs for top earners while only partly narrowing the program’s funding gap.
The IRS said farmers and ranchers in drought-hit counties across 49 states and other regions may get extra time to replace draft, dairy, or breeding livestock and defer tax on gains from forced sales.
A press release from a New York tax law firm says its founder has represented more than 2,000 taxpayers over 26 years, underscoring how quickly IRS options can narrow once levy notices advance.
A little-known fee-shifting rule can let some taxpayers recover administrative and litigation costs from the IRS, but only if they meet strict tests on net worth, procedure and the government's position.
A draft Form 1040 released Sept. 18 would, for the first time, ask about a filer’s citizenship status, a procedural change that could matter for compliance, privacy concerns, and return preparation.
New IRS guidance explains how employers can claim the permanent Section 45S paid family and medical leave credit, including a new insurance-premium method that starts with 2026 tax years.
A September 18 report highlighted a costly rental-property mistake: owners who skipped depreciation deductions may still face basis reduction and recapture tax when they sell.
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.
The IRS has released Notice 2026-53 for the Section 45Z clean fuel credit, while DOE updated its 45ZCF-GREET model, changing emissions calculations, manure pathways, and foreign feedstock eligibility.
A proposed Treasury and IRS rule would make racial nondiscrimination an explicit condition of Section 501(c)(3) status for private schools, with potential effects on scholarships, admissions, financing and charitable giving.
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.
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.
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.
A House tax panel advanced a measure on Sept. 16 that would restore a full federal deduction for gambling losses in 2026, reversing a rule that can create taxable income even when a bettor breaks even.
The IRS said SECURE and SECURE 2.0 retirement plan changes do not all share one document deadline, with timing depending on whether an amendment is required or discretionary and when an item appears on the Required Amendments List.
Treasury and the IRS have proposed rules that would make broad racial nondiscrimination a condition of Section 501(c)(3) status for private schools, with comments due November 3 and a proposed start after May 31, 2027.
IRS Notice 2026-54 gives eligible farmers and ranchers in drought-stricken areas more time to replace livestock sold because of drought and defer tax on gains from those forced sales.
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.
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.