Landlord Exodus Fears Grow as Senate Select Committee Reviews Capital Gains Tax (CGT) Discount
Investors await the May 2026 Budget as Australia considers cutting the 50% CGT discount amid rising state taxes…
Gov. Mike Kehoe’s Missouri Income Tax Repeal Advances via House Joint Resolutions 173 and 174
Missouri House approves plan to repeal state income tax by 2032; voters may decide in November 2026. Federal…
Form 130 Becomes the Key Salary, No-TDS Declarations from April 1, 2026
India introduces new tax forms (130, 123, 121, 39) on April 1, 2026, to streamline salary, pension, and…
Finance Bill 2026 Adds 12 New Tax Changes for Nris Under Income-Tax Act, 2025
India’s Finance Bill 2026 eases NRI property compliance and return filing while strengthening tax department jurisdiction and document…
TDS Rules Shift to Section 393 Under Income-Tax Act 2025 Effective April 1, 2026
India’s Income-tax Act 2025 shifts TDS to Section 393 on April 1, 2026. Businesses must update systems for…
Vermont Seeks to Break with Federal Tax Changes in H.933 (miscellaneous Tax Bill), JFO Warns
Vermont's H.933 bill proposes decoupling from four federal tax breaks to protect state revenue, impacting 2026 tax planning…
New State Investment Scheme Would Axe Capital Gains Tax for Irish Savers
Ireland proposes a new Savings and Investment Account (SIA) to offer tax-free gains for small savers, potentially replacing…
Labour Pledges Welsh Rates of Income Tax Freeze in Senedd to Ease Living Costs
Wales freezes 2026–27 income tax rates at 10p, maintaining alignment with England, though frozen UK thresholds may still…
U.S. 2026 Tax Rules Force At-Risk Rules Before Form 461 Excess Business Loss Cap
New 2026 tax rules set business loss limits at $256k/$512k. Losses must pass basis, at-risk, and passive filters…
Form 3800, General Business Credit, IRS Redraws U.S. Business Tax Credits for 2026
IRS updates for 2026 tax filings introduce stricter Form 3800 rules, credit transfer elections, and shorter deadlines for…
Iran-Israel-U.S. Conflict Turns Strait of Hormuz Into a Global Economic Event
The Iran-Israel-U.S. conflict has become a global economic event, spiking energy prices and disrupting travel, visas, and trade…
IRS Releases Schedule 1-A (form 1040) for No Tax on Car Loan Interest Deduction
Claim the new car loan interest deduction by April 15, 2026, using Schedule 1-A for qualifying new, U.S.-assembled…
Retirement Taxes: How All 50 States Tax Retirees in 2026
Key Takeaways Nine states charge no income tax at all, making retirement income completely tax-free at the state…
New York Tech Leaders Mobilize Against QSBS, New York Capital-Gains Tax Hike
NY senators propose taxing startup capital gains previously exempt under federal QSBS rules, potentially impacting 2025 transactions retroactively.