Welcome to THINK OUTSIDE THE TAX BOX, the premier online publication for tax reduction information!
Here at TOTTB, we produce in-depth, easy to understand, exhaustively cited essays on the topic of tax reduction for our subscribers!
Every two weeks, we add more articles and more features, like our live webinar events, private Facebook group, downloadable “Client Alerts” and Infographics, as well as Around the Tax World, an aggregator of all the news fit to print currently happening in the tax world!
If you aren’t a subscriber yet, this is only a small part of the vast toolkit TOTTB can bring your practice. If you really want to dig in, SUBSCRIBE! (We offer a 30-day money back guarantee! You have nothing to lose!)
Around the Tax World- September 8, 2026
In The HeadlinesThe robotaxis are coming: Uber cuts 10% of its workforce worldwide to focus on new investments.
What's New In The Tax World?Will Hollywood get a tax break with the support of President Trump?
State-By-State-UpdatesLouisiana appeals to SpaceX with a $27.5 billion tax incentive package.
Tax Planning TipsThe IRS provides more clarity on how “no tax on overtime” actually works
READ MOREAround the Tax World- August 18, 2026
In The HeadlinesTariff refunds hit a whopping $100 billion—but consumers may not see the benefits.
What's New In The Tax World?President Trump eyes a capital gains tax cut as a possible midterm election strategy
State-By-State-UpdatesCan California’s wealth tax overcome a billionaire opponent?
Tax Planning TipsWhat does the “no tax on Social Security” provision actually do?
Around the Tax World- JULY 21, 2026
In The HeadlinesTrump’s $1.776 billion IRS settlement is blocked by a federal judge.
What's New In The Tax World?As refunds surpass $49 billion, what does the future hold for U.S. tariffs?
State-By-State-UpdatesWill Alaska’s gasline tax bill become law?
Tax Planning TipsClaiming the Federal Scholarship Tax Credit is a more narrow road than some imagined
Around the Tax World- JULY 7, 2026
In The HeadlinesTrump pushes back on foreign digital services taxes by threatening 100% tariffs.
What's New In The Tax World?Could the federal gas tax be on its way out?
State-By-State-UpdatesCalifornia approves a tax on Trump’s “anti-weaponization” fund.
Tax Planning TipsDo Trump Account contributions need to be reported as a gift to the IRS?
Around the Tax World- JUNE 23, 2026
In The HeadlinesOpenAI goes on a spending spree to the tune of $3.7 billion.
What's New In The Tax World?Money is running out from a Social Security trust fund—what could that mean for your taxes?
State-By-State-UpdatesCalifornia’s governor pushes back on a proposed billionaire tax.
Tax Planning TipsTax planning could make a major difference to your student loan payments
Around the Tax World- JUNE 9, 2026
In The HeadlinesThe Supreme Court decides to stay out of the California-Florida tax tussle.
What's New In The Tax World?Retail sales spiked in 2026, but the reason might be tax refunds
State-By-State-UpdatesFlorida debates a total overhaul of their property tax system.
Tax Planning TipsHow can Trump Accounts help with tax savings?
Around the Tax World- May 26, 2026
In The HeadlinesTrump settles his lawsuit against the IRS—and gains audit protection in the process.
What's New In The Tax World?Jeff Bezos stirs up talk about eliminating income taxes in a recent interview
State-By-State-UpdatesNew Mexico faces disappointing results from its $512 million in state tax credits.
Tax Planning TipsThe enhanced premium tax credit didn’t make it to 2026—what has the impact been?
Around the Tax World- May 7, 2026
In The HeadlinesThe S&P 500 stalls as the war in Iran continues and the Federal Reserve meets on interest rates.
What's New In The Tax World?Republican lawmakers look to woo voters with lower capital gains taxes
State-By-State-UpdatesCalifornia’s “billionaire tax” makes it a step closer to the November ballot.
Tax Planning TipsWho can benefit most from the IRS’ free tax withholding tool?
Around the Tax World- April 23, 2026
In The HeadlinesJust how bad is the energy crisis? Experts assess the impact of the ongoing war in Iran.
What's New In The Tax World?Despite the OBBBA tax cuts, polls show that most Americans think they are overpaying on taxes—a sentiment that could impact midterm elections
State-By-State-UpdatesHawaii’s climate cruise tax is blocked by an appeals court—what’s next?
Tax Planning TipsAs annuity sales reach record growth levels, what does this mean for tax planning?
NOT A Subscriber YET?
SUBSCRIBE TO GET ALL OF OUR
GREAT ARTICLES AND RESOURCES!
CURRENT EDITION
Tax Research in an AI World
It has never been harder to do quality tax research than at any time in my 43-year career in tax accounting. In the 1980s, when I was part-time in the industry, there was no internet. Since I was part-time, I ordered Publications 1132, 17, and 334. The rest I found at the library. A few hearty souls might even remember when the post office had stacks of tax forms for the public. Once I went full-time for the 1989 tax season I needed more resources. CCH was my tool of choice. I still used IRS publications and the library. My handy reference guide of choice was, and still is, the QuickFinder. I never used TaxBook much, but it is another good resource for general answers. Then came the internet. The promise was that we would have the world at our fingertips. And for the large part we did, only we forgot some things we would rather keep at an arm’s length. The internet slowly allowed us to replace rooms in our office filled with tax guides and forms with online resources. Law offices and accounting firms often wrote tax articles on narrow tax subjects. Research was easier than ever.
Then came AI.
Trump Accounts Are Live. Are They Spectacular?
Trump Accounts (or § 530A accounts) went live via app on July 4, 2026. According to the Treasury Department, over six million accounts have been opened. As of Monday, July 6, 2026, parents and guardians of account beneficiaries could use the app to view their children’s accounts, fund the accounts, and access balances and financial education information. The Treasury Department designated BNY Mellon “as a financial agent of the U.S. government to support implementation of the new Trump Accounts program.” BNY, in partnership with Treasury, will manage the accounts and help to develop the app taxpayers can use to manage their accounts. Robinhood Securities, LLC is acting as the initial trustee and brokerage for the accounts.
Will AMT Make a Comeback After OBBBA?
Following Betteridge’s Law of Headlines, the answer to the question posed in the headline is, “no.” Actually — because we’re talking about taxes here — we can say the answer is never so definitive, so let’s change it to “probably not.” But it’s more complicated than it may seem.
