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Draft 2026 Form 1040 Adds New Citizenship And Work Authorization Question
Draft Form 1040 for 2026 adds a new citizenship and work-authorization question, plus Schedule 3-A changes affecting certain refundable credits.
Tax News & Analysis
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IRS Extends Drought Tax Relief for Farmers and Ranchers
The IRS is extending tax relief for farmers and ranchers who sold livestock because of drought, giving them more time to replace animals and defer gains.
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Court Blocks IRS-ICE Data Sharing Procedure Over Taxpayer Privacy Rules
A federal appeals court has blocked an IRS procedure for sharing taxpayer information with Immigration and Customs Enforcement (ICE), finding that the process likely violated federal tax privacy law. The ruling from the U.S. Court of Appeals for the D.C. Circuit does not mean the IRS can never share taxpayer information with ICE—or with another…
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Getting to Know You Tuesday: Bijal Chikani
It’s Getting to Know You Tuesday! Bijal Chikani, CPA, has spent more than 20 years helping ultra-high-net-worth families make sense of the ever-changing—and rarely simple—world of taxes. As Co-Director of National Tax Practice and Strategy at Crescent Grove Advisors, he enjoys tackling complex tax challenges, finding practical solutions, and, most importantly, building lasting relationships with…
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You Be The Tax Judge: Ream v. Treasury, Who Won?
John Ream challenged the federal ban on home distilling. So, who won? Two federal appeals courts considered the question—and reached different answers.
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You Be The Tax Judge: Ream v. Treasury
Can Congress ban home distilling to protect federal tax revenue? You be the Tax Judge in Ream v. Treasury, a real case involving whiskey, taxes, and constitutional power.
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Your First Look at 2027 Tax Brackets, Standard Deduction Amounts and More
Get a first look at projected 2027 tax brackets, standard deduction amounts, capital gains thresholds, retirement limits, estate and gift tax amounts, and more.
