The Treasury Department released interim guidance on the corporate AMT, further restricting the reach of the 15% tax on billion-dollar corporations.
Day: February 18, 2026
US companies pay more taxes abroad than here
The Financial Accounting Standards Board’s recent income tax disclosure standard is revealing that many prominent U.S. multinationals are paying far more corporate taxes in other countries than at home, according to a new analysis.
Fewer taxpayers trust AI for tax prep
While most taxpayers tend to procrastinate on doing their taxes, they’re even more hesitant to trust artificial intelligence to do their taxes for them.
Foreign funding of higher education exposes new risks
Federal attention to foreign influence in higher education has intensified.
AI connected to slightly more hiring, but growth favors older workers with less exposure
Payroll data from Gusto finds that small businesses that use AI more tend to hire slightly more people, but this does not necessarily favor younger people in their early career, or those in heavily AI-exposed occupations.