iiinova — where your digital self keeps evolving

Peymon Mottahedeh's “tax truth” organization is one of many groups taking advantage of the explosive growth of social media to promote misleading tax strategies. While Mottahedeh has managed to avoid prison, some of his followers haven't been as lucky. Read more: taxnotes.co/4rFB3LP

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Tax Notes @taxnotes.com · 25/09/2026

The idea of creating a universal federal savings account for children has been around for decades, but it was ultimately two Republicans who got it over the finish line. Read how a hedge fund manager spun up Trump accounts in record time: taxnotes.co/4AuWvXG

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Tax Notes @taxnotes.com · 21/09/2026

The IRS proposed a draft version of Form 1040 that includes a question asking taxpayers whether they were U.S. citizens at the time of filing. Read more: taxnotes.co/47fGU0I

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Tax Notes @taxnotes.com · 18/09/2026

The IRS was slow to raise awareness of its procedures for phasing out the use of paper checks last filing season, contributing to confusion for some taxpayers, according to an agency watchdog. Read more: taxnotes.co/4yI42ka

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Tax Notes @taxnotes.com · 16/09/2026

Illinois's new social media platform fee and digital advertising tax violate the U.S. Constitution and federal law, according to suits filed by a nonprofit trade organization. Read more: taxnotes.co/4hecPU8

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Tax Notes @taxnotes.com · 15/09/2026

More than six months after the Affordable Care Act premium enhanced tax credits expired, congressional lawmakers are no closer to advancing legislative efforts to reintroduce the popular subsidies as the 2026 midterm elections near. Read more: taxnotes.co/4gUOC6h

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Tax Notes @taxnotes.com · 14/09/2026

Members of the District of Columbia City Council will be considering a tax on luxury secondary homes as a way to shore up long-term funding for the District. Read more: taxnotes.co/4xTMdia

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Tax Notes @taxnotes.com · 11/09/2026

Tax experts are worried that President Trump’s plan to disburse a $5,000 dividend to every adult citizen in the United States would raise the budget deficit by over $1 trillion. Read more: taxnotes.co/46RPqCW

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Tax Notes @taxnotes.com · 10/09/2026

The IRS has spent decades and billions of dollars working to complete its CADE 2 modernization project, which has faced cost overruns and delays as well as setbacks caused by DOGE, former IRS employees say. It's unclear when the projects will be completed. Read more: taxnotes.co/46ltcJs

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Tax Notes @taxnotes.com · 08/09/2026

Treasury told a group of Democrats that it has no intention of modifying a so-called loophole providing taxpayers with a low-cost valuation method for the personal use of corporate jets. Read more: taxnotes.co/46wbvHn

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Tax Notes @taxnotes.com · 07/09/2026

In this #ProcedurallyTaxing perspective, Kimberly Tyson examines a case involving artificial intelligence chat logs as proof of intent, and she points out the need for taxpayers to implement AI use protocols. Read more: taxnotes.co/4d1Oakd

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Tax Notes @taxnotes.com · 04/09/2026

NEW: This week on Tax Notes Talk, Capitol Hill reporter @cadystanton.bsky.social previews what to expect from Congress this fall, from IRS funding to the possibility of a lame-duck tax package. 🎧 Listen wherever you get your podcasts: taxnotes.co/4AerhEr

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Tax Notes @taxnotes.com · 02/09/2026

Following last year’s release of the One Big Beautiful Bill Act to seemingly mixed reviews, President Trump has greenlit a sequel: tax incentives for the entertainment industry. Read more: taxnotes.co/4deRybs

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Tax Notes @taxnotes.com · 28/08/2026

The denial of a section 41 research credit claim tied to Publix Super Markets’ software and food product development has led to a multimillion-dollar lawsuit with the IRS. Read more: taxnotes.co/4ciLcHT

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Tax Notes @taxnotes.com · 27/08/2026

Microsoft co-founder Bill Gates renewed his push for a tax on artificial intelligence tokens and robots, citing the potential impact of the industry’s rapid technology transition on the labor market. Read more: taxnotes.co/3STKPgl

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Tax Notes @taxnotes.com · 25/08/2026

The National Treasury Employees Union is mounting a legal challenge against the IRS’s suspension of advanced leave on the grounds that the agency lacks a Senate-confirmed leader. Read more: taxnotes.co/4hNYvDI

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Tax Notes @taxnotes.com · 24/08/2026

The “Taylor Swift tax” on high-dollar second homes in Rhode Island is facing its first legal challenge. Read more: taxnotes.co/3UfSBkZ

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Tax Notes @taxnotes.com · 21/08/2026

Tax professionals welcome the prospect of minimum standards for tax return preparers and higher penalties for bad actors but are skeptical that the measures will make a dent in fraud without proper enforcement. Read more: taxnotes.co/4x8noPf

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Tax Notes @taxnotes.com · 20/08/2026

Treasury and the IRS released proposed regulations targeting nonqualified immigrants’ ability to receive refunds from certain tax credits as part of the Trump administration’s immigration crackdown. Read more: taxnotes.co/4c19Yfp

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Tax Notes @taxnotes.com · 19/08/2026

The Justice Department is aiming to use the Fifth Circuit’s revised opinion on the limited partner exception to boost its position in a similar case, Soroban Capital Partners LP v. Commissioner, pending in the Second Circuit. Read more: taxnotes.co/4bWa2Nv

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Tax Notes @taxnotes.com · 18/08/2026

The possible striking down of the revenue code’s 158-year-old ban on home spirits distilling could increase revenue collection and pave the way for reviving an American pastime, according to those close to the issue. Read more: taxnotes.co/4gcQcig

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Tax Notes @taxnotes.com · 14/08/2026

A cybercriminal accessed sensitive personal data on individual and business taxpayers on the French tax authority's internal servers, the French government confirmed. Read more: taxnotes.co/4wottFZ

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Tax Notes @taxnotes.com · 13/08/2026

A White House-mandated scrubbing of the IRS’s Internal Revenue Manual has gone from bad to worse for tax guidance seekers, as critical information disappears with no discernible timeline for when — or if — it might ever return. taxnotes.co/45pHdWa

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Tax Notes @taxnotes.com · 12/08/2026

Backers of the November ballot measure to repeal Washington's new millionaire tax have failed to secure changes to the official description that will go to voters. Read more: taxnotes.co/4wssTXQ

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Tax Notes @taxnotes.com · 11/08/2026

New York City's implementation of the new surcharge on luxury secondary homes violates state law and creates confusion for those who don’t owe the tax, three city residents allege in their suit. Read more: taxnotes.co/45YKThy

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Tax Notes @taxnotes.com · 10/08/2026

California’s billionaire wealth tax measure could generate up to $100 billion in revenue if approved, but it’s hard to gauge whether it would drive billionaires out of the state, according to a progressive think tank. Read more: taxnotes.co/4wno2qS

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Tax Notes @taxnotes.com · 06/08/2026

Texas Gov. Greg Abbott (R) has directed state regulators to audit proposed data center projects that seek to connect to the state’s electric grid, including identifying tax incentives or other public financial assistance they may be receiving. Read more: taxnotes.co/4bzsHhV

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Tax Notes @taxnotes.com · 05/08/2026

The latest set of tariffs imposed by the Trump administration aren’t lawful and are increasing administrative costs for states, according to a new lawsuit filed by Oregon and 24 other states. Read more: taxnotes.co/3RTFqoV

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Tax Notes @taxnotes.com · 04/08/2026

Rep. Suhas Subramanyam, D-Va., is asking the IRS to remove administrative hurdles for married couples filing jointly that can lead to processing delays or lost tax payments. Read more: taxnotes.co/4ga9gie

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Tax Notes @taxnotes.com · 03/08/2026

Inventory tax accounting rules and economic performance recognition timing principles will help businesses affected by the recent contaminated lettuce recalls recover their related costs, according to tax professionals who spoke with Tax Notes. Read more: taxnotes.co/4w88qrd

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Tax Notes @taxnotes.com · 30/07/2026

The future is unclear for a House-passed, bipartisan bill that would expand a tax deduction to early childhood educators, because the Senate is swapping it out for sanctions legislation championed by Lindsey Graham, the late Republican senator. Read more: taxnotes.co/4g2YFpl

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Tax Notes @taxnotes.com · 29/07/2026

The injunction halting the sharing of taxpayer information with U.S. Immigration and Customs Enforcement should remain to stop further harm from happening, including wrongful arrests and deportations, a group of organizations argued in federal court. Read more: taxnotes.co/4bLX0C4

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Tax Notes @taxnotes.com · 17/07/2026

President Trump and Republican lawmakers have floated several tax proposals over the past year, but time is winding down to pass legislation ahead of the midterm elections. Read more: taxnotes.co/4gE9sHq

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Tax Notes @taxnotes.com · 15/07/2026

A new IRS legal memo concluding that a limited partner’s conditional deficit restoration obligation isn’t a payment obligation for purposes of the partnership debt allocation rules raises more questions than it answers. Read more: taxnotes.co/3T2XIo2

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Tax Notes @taxnotes.com · 14/07/2026

A federal judge ruled that President Trump’s $10 billion lawsuit against the IRS was never truly adversarial, finding that the president controlled both parties and sanctioning his personal attorneys for pursuing the suit in bad faith. Read more: taxnotes.co/44pbzHM

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Tax Notes @taxnotes.com · 13/07/2026

Tax professionals are cautioning that if the IRS eventually loses its appeal in the case of Kwong, it will have to process the mountain of pandemic-era refund claims, creating a long timeline for payouts. Read more: taxnotes.co/4vw1WlA

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Tax Notes @taxnotes.com · 07/07/2026

A U.S. court has invalided the global intangible low-taxed income regs, which limit deductions related to disqualified basis, because Treasury lacked authority to promulgate the rule in light of the Supreme Court overturning Chevron deference. Read more: taxnotes.co/4f0Xsgt

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Tax Notes @taxnotes.com · 03/07/2026

As Trump accounts near their July 4 launch, the American Institute of CPAs urged taxpayers to do their research to avoid unexpected tax liabilities. Read more: taxnotes.co/4aUI2Jy

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Tax Notes @taxnotes.com · 02/07/2026

Several bills aimed at improving IRS service, strengthening taxpayer protections, and creating more transparency for tax-exempt hospitals were advanced to the full House for consideration. Read more: taxnotes.co/4eVNMns

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Tax Notes @taxnotes.com · 30/06/2026

A taxpayer claiming that her reliance on TurboTax is to blame for her failure to report almost $300,000 in foreign gifts lacks a colorable reasonable cause defense, the government told a federal court. Read more: taxnotes.co/4v2TPgc

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Tax Notes @taxnotes.com · 29/06/2026

The OECD’s updated global minimum tax impact assessment indicates that although the so-called side-by-side package mostly safeguards pillar 2’s goal of curbing profit shifting, tax revenue estimates have decreased, an OECD tax official said. Read more: taxnotes.co/4vEmDNa

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Tax Notes @taxnotes.com · 25/06/2026

The IRS performed “better than expected in most respects” during this year’s filing season despite navigating scores of code changes made by last year’s tax bill, according to National Taxpayer Advocate Erin Collins. Read more: taxnotes.co/43Rv63l

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Tax Notes @taxnotes.com · 24/06/2026

The effect of the European Commission's tax simplification omnibus on member state budgets is negligible compared to the €8 billion it will save companies, EU Tax Commissioner Wopke Hoesktra said in an exclusive interview. Read more: taxnotes.co/4uRNGmI

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Tax Notes @taxnotes.com · 23/06/2026

🚨 LAST CALL: The deadline to enter the 2026 Tax Notes Student Writing Competition is June 30. Every year we recognize superior student writing on unsettled questions in tax law or policy. Learn more: taxnotes.com/students

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Tax Notes @taxnotes.com · 22/06/2026

The U.S. government would get a 50 percent equity stake in the country’s largest artificial intelligence companies under a tax proposed by Senate Finance Committee member Bernie Sanders, I-Vt. Read more: taxnotes.co/4uVp7Wj

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Tax Notes @taxnotes.com · 19/06/2026

In his latest perspective piece, tax historian @joethorndike.bsky.social examines Colonial tax law through the lens of critical tax theory and discusses Anthony Infanti's book, "The Human Toll: Taxation and Slavery in Colonial America." Read more: taxnotes.co/4ej7rik

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Tax Notes @taxnotes.com · 18/06/2026

Meta is seeking to block a $16 billion tax liability tied to a 2010 cost-sharing arrangement, arguing that the IRS is attempting to relitigate valuation issues the court already resolved in the case of Facebook I. Read more: taxnotes.co/4uF8WfH

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Tax Notes @taxnotes.com · 16/06/2026

The National Treasury Employees Union sued the IRS in district court, alleging that a directive ordering the removal of union materials from agency workplaces violates the First Amendment. Read more: taxnotes.co/4xwVbSI

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Tax Notes @taxnotes.com · 15/06/2026

⌛ There's only two weeks left to enter this year's Tax Notes Student Writing Competition! The competition is open to any student enrolled in a law, business, or public policy program during the 2025-2026 academic year. Learn more: taxnotes.com/students

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Tax Notes @taxnotes.com · 12/06/2026

The plaintiffs in a federal lawsuit challenging the Trump administration’s $1.8 billion “Anti-Weaponization” Fund told a district court that the government’s words alone aren’t enough to revoke the fund. Read more: taxnotes.co/43QilWR

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