INCOME TAX NEWS
- California Democrats Want to Tax Billionaires. They Can’t Agree on How. August 3, 2026Leaders of the state Democratic Party endorsed the ballot measure slated for November, but the party remains far from united on the issue as Democrats nationwide grapple with a growing wealth gap.
- Gavin Newsom and His Wife Made $1.4 Million in 2024, Tax Returns Show July 31, 2026The taxable income of California’s governor and his wife, Jennifer Siebel Newsom, exceeded $1 million a year from 2021 to 2024.
- More Than One Way to Fix Social Security July 11, 2026Readers respond to two guest essays about how to cover the shortfall in the program’s funding before it’s too late.
- Things That Drive Us Crazy About Money in America July 4, 2026For all that’s good about our financial lives, there are distinctly American things that are decidedly suboptimal. Please, can the 1040 fit on a postcard?
- How a Global Researcher Lives on $110,000 in Long Island City July 2, 2026Before moving to New York, Weixun Hu had lived in seven other countries. He satisfies his wanderlust by splurging on special trips and taking the subway to random stops.
- California Will Vote on a Billionaire Tax. Billionaires Aren’t Happy. June 26, 2026The wealthy are fighting back with two ballot issues that could nullify the measure in November. The battle reflects a broader tension as American politics contends with deep inequality.
- King Charles III Has Paid More Than $39.6 Million in Taxes, Palace Discloses in a U.K. First June 26, 2026Charles released his tax information for the period he has been king of Britain as part of a push for greater transparency after the scandal involving the former Prince Andrew.
- Here’s What It Means to Be a Democratic Socialist June 25, 2026Universal health care, taxing the wealthy and opposition to military aid to Israel are among the movement’s key tenets.
- Unlikely Coalition Begins Campaign Against Billionaire Tax in California June 18, 2026A surprising array of left-leaning interest groups is trying to kill a wealth tax initiative before the November ballot is finalized. Gov. Gavin Newsom is at the center of negotiations.
- Why The New York Times Is Expanding in Texas June 17, 2026Members of a new team of Times reporters and editors are covering culture, economics and more in a state long known for its political clout.
IRS News
- Statement From National Taxpayer Advocate Erin M. Collins Regarding Senate Finance Committee Approval Of The TAS Act July 30, 2026STATEMENT FROM NATIONAL TAXPAYER ADVOCATE ERIN M. COLLINS REGARDING SENATE FINANCE COMMITTEE APPROVAL OF THE TAS ACT July 30, […] The post Statement From National Taxpayer Advocate Erin M. Collins Regarding Senate Finance Committee Approval Of The TAS Act appeared first on Taxpayer Advocate Service.
- Notarial Fees and Self-Employment Tax: Know What Is Exempt July 27, 2026Notarial Fees and Self-Employment Tax: Know What Is Exempt If you earn money as a notary public, you generally must […] The post Notarial Fees and Self-Employment Tax: Know What Is Exempt appeared first on Taxpayer Advocate Service.
- Giving Taxpayers a Voice in IRS Appeals Conferences July 23, 2026NTA Blog: Giving Taxpayers a Voice in IRS Appeals Conferences At A Glance • A proposed bill in the House […] The post Giving Taxpayers a Voice in IRS Appeals Conferences appeared first on Taxpayer Advocate Service.
- A Long-Awaited Taxpayer Win: The IRS Implements Automatic Penalty Relief July 8, 2026As the National Taxpayer Advocate, I recommend changes to the IRS that will improve tax administration and better protect taxpayer […] The post A Long-Awaited Taxpayer Win: The IRS Implements Automatic Penalty Relief appeared first on Taxpayer Advocate Service.
- Act on or Before July 10, 2026, to Protect Potential COVID-19 Disaster Relief Refund Claims July 2, 2026This blog is a reminder and quick reference to my four-part series on recent legal developments involving IRC § 7508A(d) […] The post Act on or Before July 10, 2026, to Protect Potential COVID-19 Disaster Relief Refund Claims appeared first on Taxpayer Advocate Service.
- Red, White, and Taxpayer Rights: Celebrating Independence Day Through Taxpayer Service and Fairness July 1, 2026Know your rights this Independence Day. Learn how the Taxpayer Bill of Rights promotes fairness, accountability, and better service for […] The post Red, White, and Taxpayer Rights: Celebrating Independence Day Through Taxpayer Service and Fairness appeared first on Taxpayer Advocate Service.


