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Tax Notes
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Your #1 source for everything tax.
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⏰ Last chance: Today’s the deadline!

Applications for the 2026 Tax Analysts Award of Distinction in U.S. Federal Taxation close today (February 6).

🚨 Nominate —for free — a leader advancing transparency and innovation in federal tax: awards.taxanalysts.org
February 6, 2026 at 3:54 PM
Reposted by Tax Notes
So excited to be part of this new Tax Notes podcast. Coming soon!
We're thrilled to introduce a new Tax Notes podcast, "History Is Taxing!”

Join Robert Goulder and @joethorndike.bsky.social on March 3 as they unpack the origins of today's biggest tax topics, from tariffs to taxpayer privacy.

🎧 Follow wherever you get your podcasts: taxnotes.co/historypodcast
February 5, 2026 at 9:59 PM
We're thrilled to introduce a new Tax Notes podcast, "History Is Taxing!”

Join Robert Goulder and @joethorndike.bsky.social on March 3 as they unpack the origins of today's biggest tax topics, from tariffs to taxpayer privacy.

🎧 Follow wherever you get your podcasts: taxnotes.co/historypodcast
February 5, 2026 at 9:05 PM
Ex-minister Peter Mandelson resigned from the U.K. House of Lords after the government confirmed that it has referred files to the police following reports Mandelson leaked market-sensitive government tax plans to Jeffrey Epstein in 2009.

Read more: https://taxnotes.co/4c9J0TC
February 4, 2026 at 6:09 PM
In the wake of President Trump’s $10 billion lawsuit against Treasury and the IRS, a House Democratic taxwriter plans to introduce legislation to prevent sitting presidents from profiting from lawsuits against the U.S. government.

Read more: https://taxnotes.co/3M9q9h1
February 3, 2026 at 6:10 PM
A group of mostly Democratic senators is demanding answers about the 2025 taxpayer data sharing agreement between the IRS and U.S. Immigration and Customs Enforcement.

Read more: https://taxnotes.co/4rtS2iN
February 2, 2026 at 6:15 PM
NEW: Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction.

📽️ Watch now or listen wherever you get your podcasts.
Top Tax Cases of 2025, Part 2: What Are Deductions?
YouTube video by Tax Notes
youtu.be
February 1, 2026 at 6:37 PM
"The integrity of the tax system demands that bad actors be prosecuted. But enforcement initiatives are also resource-intensive," Marie Sapirie writes. "How will the IRS balance the potentially nationwide benefits-fraud investigation with its myriad other priorities?"
The Mission For The IRS’s Cool Cats: More With Less?
Marie Sapirie examines how changes at the IRS could affect the Criminal Investigation division's ability to prioritize investigate and prosecute fraud.
www.forbes.com
January 31, 2026 at 7:54 PM
📢 Deadline extended! The Tax Analysts Award of Distinction in U.S. Federal Taxation is open until February 6.

#TaxTwitter, help us recognize leaders advancing transparency and innovation in #tax.

👉 Enter free: awards.taxanalysts.org
January 30, 2026 at 9:48 PM
President Trump has filed a $10 billion lawsuit against Treasury and the IRS for damages from the unauthorized leak of his tax return information by an IRS contractor employed by Booz Allen Hamilton Inc.
Trump Sues Treasury and IRS for $10 Billion Over Tax Data Leak | Tax Notes
www.taxnotes.com
January 30, 2026 at 2:58 PM
New: @cadystanton.bsky.social explains how, absent Congress, protecting LIHTC-funded housing has fallen to states.

Check out part two of her investigative series, "Priced Out: How a 1990s Policy is Worsening the Housing Crisis." 👇
Absent Congress, Protecting LIHTC-Funded Housing Has Fallen to States | Tax Notes
www.taxnotes.com
January 29, 2026 at 10:12 PM
Ever wonder what’s inside the IRS records released through FOIA?
We dig in so you don’t have to.

Subscribe to FOIA Findings for monthly insights, data, and documents that bring tax administration into the open.

🔍 Sign up: https://taxnotes.co/4p1PTcz
January 28, 2026 at 6:12 PM
Congress gave developers flexibility. It’s costing people their homes.

Read the latest Tax Notes investigation from @cadystanton.bsky.social, outside the paywall: https://www.taxnotes.com/featured-news/congress-gave-developers-flexibility-its-costing-people-their-homes/2026/01/26/7tx2v
January 27, 2026 at 3:04 PM
A group of Democratic lawmakers are asking federal watchdogs to investigate the diversion of nearly 1,800 IRS Criminal Investigation division staff to immigration enforcement efforts.

Read more: https://taxnotes.co/4k2QZE2
January 26, 2026 at 5:47 PM
NEW: Damien Martin and Tony Nitti of EY analyze the first three of their top six tax cases from 2025, focusing on what constitutes income. 👇

📽️ Watch now or listen wherever you get your podcasts: taxnotes.co/podcast
Top Tax Cases of 2025, Part 1: What Is Income?
YouTube video by Tax Notes
youtu.be
January 24, 2026 at 8:08 PM
Government revenues from corporate income tax collections plummeted 32 percent over the last half of 2025 as businesses retroactively wrote off research and development and other expenses.

Read more: https://taxnotes.co/4pQWMhi
January 23, 2026 at 9:46 PM
Efforts to address the racial disparities in the IRS’s audit selection process appear to have stagnated as the agency has undergone significant upheaval during the first year of the second Trump administration.
Status of Racial Disparities Work Unclear Amid IRS Changes | Tax Notes
www.taxnotes.com
January 22, 2026 at 10:07 PM
EU member states and the European Commission are divided over how far to go in response to President Trump’s push to purchase Greenland and tariff threats, while the United Kingdom focused on de-escalating trade tensions.

Read more: https://taxnotes.co/4pOyJPS
January 21, 2026 at 7:01 PM
Our inaugural State & Local Tax Award of Distinction winner set a powerful precedent for impact and innovation in tax policy.

The Federal category is next.

This could be you. Nominate today: awards.taxanalysts.org
January 20, 2026 at 10:07 PM
Unbeknownst to Colette Barff, Delaware seized Microsoft shares that she earned while working for the company in South Africa and sold them for $200,000. When she found out years later, they were worth $2 million.

Continue reading: https://taxnotes.co/49sMCP6
January 19, 2026 at 5:46 PM
"The expert consensus against Trump’s aggressive tariff policy is both broad and compelling," Joseph Thorndike writes. "But taken at face value, it can obscure certain complexities of tariff incidence."

Read more: https://taxnotes.co/4qPDcms
Who Pays Tariffs? Mostly Consumers, But That Wasn’t Always True
Joseph J. Thorndike examines who bears the economic burden of U.S. tariffs.
taxnotes.co
January 16, 2026 at 9:09 PM
Some IRS employees who participated in the deferred resignation program have yet to receive annual leave or annuity payments, with no clear answers for the delay.

Read the full story outside the paywall: https://taxnotes.co/49WVegT
January 15, 2026 at 9:15 PM
Treasury and the IRS plan to issue one more notice on the corporate alternative minimum tax before issuing a reproposed package of rules at the end of 2026.

Read more: https://taxnotes.co/4jFIhLO
Expect Another Notice on Corporate AMT, Treasury Official Says | Tax Notes
taxnotes.co
January 14, 2026 at 9:12 PM
The IRS may have avoided the worst-case scenario of cuts to its annual funding from Congress, but the agency’s billion-dollar hit to its budget is still a troubling development, according to tax watchers.

Read more: https://taxnotes.co/3LKPT31
Proposed IRS Funding Cut Draws Concern From Tax Watchers | Tax Notes
taxnotes.co
January 13, 2026 at 6:10 PM
Among the impediments to the House and Senate’s hopeful rush toward avoiding another shutdown is that at no time this century has a Congress under one-party control been this far apart on IRS funding.

Read more: https://taxnotes.co/3NF4HRe
January 12, 2026 at 6:08 PM