Taxes
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abcnews.go.comHere are the latest broad trends in tax news, based on recent reporting:
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IRS updates and enforcement focus: The IRS has been expanding digital services, funded in part by recent legislation, and increasing enforcement to close the tax gap, focusing especially on high-income individuals and significant corporate activity. This is shaping both compliance efforts and taxpayer experience.[2][8]
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New state and local tax measures: Several states are enacting targeted tax changes, including higher brackets for ultra-high earners and incentives aimed at startups or specific industries, as part of broader budget balancing efforts. Hawaii, for example, introduced a millionaire tax bracket to address a budget gap.[3]
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Federal policy discussions and proposals: In the wake of ongoing policy debates, proposals ranging from expanded child tax credits to targeted deductions for businesses and homeowners continue to circulate, with potential implications for individuals and families if enacted.[1]
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Market and business tax developments: Tax news coverage includes updates on corporate reforms, R&D incentives, and minimum tax considerations, with observers watching how these could affect corporate behavior and investment.[4]
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Public-grade tax news sources: For continuous updates, major outlets (Reuters, CBS News, Bloomberg Tax, and IRS communications) publish frequent briefings on changes in tax rates, credits, deadlines, and enforcement actions.[8][10][1][3]
If you’d like, I can narrow this to U.S.-specific items for 2026 (e.g., IRS updates, state changes, or major proposed federal changes) or monitor a few reputable outlets and deliver quick briefs daily or weekly.