Tax
Top advisors outline 2026 tax planning strategies
Top advisors from a 2026 ranking list share strategies for navigating new tax rules in year-end planning.
Tax
Tax
Tax Complexity Costs US Economy Over $544 Billion Annually
Americans will spend 6.9 billion hours on tax compliance in 2026, costing $387 billion in lost productivity. Additional out-of-pocket costs add $157 billion.
Tax
New law proposal allows $150,000 per unit deduction for rental housing
A proposed law would let developers deduct up to $150,000 per rental unit immediately, reducing tax penalties for new housing projects.
Tax
New Jersey tax brackets fail to adjust for inflation
New Jersey’s income tax brackets have not been updated for inflation, increasing the tax burden on residents. This means more people are paying higher taxes than necessary.
Tax
Colorado Voters Decide on Income Tax Changes
Colorado voters will choose between capping income taxes at 4.4% or adopting a graduated-rate income tax system.
Tax
40 tax measures on ballot in 17 states this November
Forty tax measures are on the ballot in 17 states this November, with some states proposing higher taxes on top earners and others seeking to set low tax rates in their constitutions.
Tax
Canada extends full expensing for business investments
Canada has made full expensing for machinery, equipment, and patent rights permanent, increasing the rate from about 15% to two-thirds of business capital investment.
Tax
Tax deductions with 'no tax on' language may increase overall tax burden
A report highlights that 'no tax on' deductions may not always lower total tax liability due to complex rules and hidden costs.
Tax
Federal Healthcare Subsidies Rise as Fiscal Challenges Grow
Federal healthcare subsidies and tax preferences are increasing, adding to long-term fiscal pressures. These programs are expected to grow significantly over the next few decades.
Tax
Bonus depreciation aligns tax deductions with capital spending
Bonus depreciation allows businesses to deduct full costs of capital investments immediately. This aligns tax deductions with actual spending, not delaying them.
Tax
EU tobacco tax plan faces member state pushback
The EU's updated tobacco tax plan aims to standardize rates across member states, but raises concerns over national control over taxation.
Tax
State tax definitions of a barrel differ, raising compliance costs
Some states define a barrel differently for tax purposes, creating confusion and extra costs for businesses operating in multiple states.
Tax
US firms and shoppers pay more in tariffs due to trade practices
Research shows US businesses and consumers are paying higher tariffs because of trade practices between related companies. These practices shift costs to domestic buyers.
Tax
Wireless taxes rise again in 2026 due to federal surcharge
A new federal surcharge will increase wireless taxes and fees in 2026. The tax applies to wireless services and is not justified by user-pays or social cost reasons.
Tax
Bill Would Change Tax Rules for Mutual Funds
A new proposal would let investors delay taxes on reinvested gains from mutual funds until they sell shares. This aims to make tax rules more consistent for savings.
Tax
Tax code complexity grows despite recent reforms
Congress passed reforms to simplify the tax code, but complexity has increased over decades. New rules and targeted tax changes may add to confusion.
Tax
Spain releases 2026 regional tax competitiveness report
Spain has released a 2026 regional tax competitiveness index to compare tax systems across regions. The report provides data to help assess tax policies.
Tax
High property taxes in Europe may deter business investment
Real property taxes in Europe include buildings and structures, which may discourage investment in infrastructure. Businesses may face additional tax costs.