Trump dividend; tax ballot season; compliance challenges; and other highlights from our favorite tax bloggers.
Day: September 15, 2026
IRS extends tax relief for farmers, ranchers affected by drought
Guidance offers an extension of tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock due to drought conditions.
US household income rose to record in 2025 as poverty fell
Social Security benefits lifted 28.8 million out of poverty, while refundable tax credits helped 6.1 million.
Biggest foundations barely donate enough to charity
The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report.
Lawmakers introduce bill to stop fraudulent tax returns
The legislation aims to prevent submission of fraudulent returns before they’re e-filed by requiring tax software to verify EFINs are active and authorized.