AROUND THE TAX WORLD

In The Headlines -Has Visa created a monopoly in the debit card market? The U.S. Department of Justice says it has.

What’s New In The Tax World? -The presidential tax policy face-off continues: Harris turns her attention to manufacturing tax breaks while Trump continues his emphasis on tariffs

State-By-State Updates -Louisiana may see an automatic income tax cut in 2026.

Tax Planning Tips – Tax-sheltered savings accounts can provide a simple way to build wealth.

In The Headlines – Could Elon Musk be on the next presidential Cabinet?

What’s New In The Tax World? – Harris and Trump disagree on corporate tax rates but agree on eliminating federal taxes on tips

State-By-State Updates – Colorado voters have a big decision to make: lower taxes or more affordable housing?

Tax Planning Tips -A higher child tax credit may be on the horizon for lower income families.

In The Headlines – Shares in gun manufacturers rose by as much as 10% in the aftermath of the Trump assassination attempt.

What’s New In The Tax World? – Making up for lost taxes: the IRS collects $1 billion in back taxes from high-income taxpayers.

State-By-State Updates – Nebraska’s governor proposes a plan to bring in $1 billion in sales tax revenue.

Tax Planning Tips – The Supreme Court’s recent decision put an end to a business strategy to avoid estate tax.

In The Headlines – Shares in gun manufacturers rose by as much as 10% in the aftermath of the Trump assassination attempt.

What’s New In The Tax World? – Making up for lost taxes: the IRS collects $1 billion in back taxes from high-income taxpayers.

State-By-State Updates – Nebraska’s governor proposes a plan to bring in $1 billion in sales tax revenue.

Tax Planning Tips – The Supreme Court’s recent decision put an end to a business strategy to avoid estate tax.

In The Headlines – Over 100,000 Americans lost access to their own funds due to the bankruptcy of banking-as-a-service platform Synapse.

What’s New In The Tax World? – The IRS releases its final tax reporting rules for cryptocurrency

State-By-State Updates – Could rundown properties be subject to extra taxes in Georgia?

Tax Planning Tips – Will Biden’s corporate tax proposals make the cut?

In The Headlines – Boeing and Airbus are facing a federal investigation over the possible use of fake titanium.

What’s New In The Tax World? – Partnerships must say goodbye to a tax loophole, while the IRS says hello to $50 billion in revenue.

State-By-State Updates – Illinois’ new $53.1 billion state budget is expected to bring in $1.2 billion in new tax revenue.

Tax Planning Tips – Struggling with skyrocketing property taxes? These states have seen a decrease over the past decade.

In The Headlines – Spotify is upping their subscription costs—and stock investors are responding favorably.

What’s New In The Tax World? – Republicans hustle to assemble a new tax package in preparation for the election.

State-By-State Updates – California lawmakers are debating where online sales tax revenue should be funneled.

Tax Planning Tips – Do you qualify for an automatic extended tax filing deadline of June 17th? Make sure you understand which rules apply for you.