September 17, 2026 at 7:00 AM PDT
A new argument against wealth taxes focuses less on rates and revenue than on what enforcement would require: deeper IRS access to household balance sheets, asset valuations, and disputes over private holdings.
A September 12 reminder from a Naperville enrolled agent firm underscores a federal tax rule many divorced filers miss: a state divorce order does not bind the IRS on a joint return, though relief may still be available under Section 6015.
A growing retirement playbook for higher-asset couples is to use the low-income years after work ends for Roth conversions, then delay Social Security to 70 to raise lifetime and survivor benefits.
A SIMPLE IRA plan must be in place by October 1 to cover the 2026 calendar year. A solo 401(k) can still be adopted later, up to the business return deadline.
See the calendar
| August 31, 2026 | Massachusetts elective 4% pass-through entity surtax (Chapter 63E) |
| July 1, 2026 | Rhode Island non-owner-occupied property tax on homes over $1 million |
| June 17, 2026 | California Proposition 40: one-time 5% billionaire tax |
| May 28, 2026 | New York FY2027 budget: NYC pied-a-terre surcharge |
| March 30, 2026 | Washington ESSB 6346: 9.9% tax on income above $1 million |
| March 24, 2026 | Washington SB 6347: estate tax top rate rolled back |
In Lewis v. Commissioner, the court rejected both the IRS's $53.4 million figure and the family's $156,000 claim, holding that state law and an avoided tax-reimbursement duty set the value.
SpaceX priced the largest IPO in history at $135 a share, but the flat 22% withholding on employee RSUs falls well short of what many will actually owe.
REG-116506-25 would require opportunity funds to report investor dispositions, have zone businesses attest to compliance and follow new decertification steps, with comments due October 16.
The uniform deal announced in May is closed and its deadlines withdrawn. Investors in syndicated easement partnerships now face case-by-case talks with a new dedicated IRS office.
A California appeals court said San Francisco’s voter-approved Empty Homes Tax conflicts with state law, leaving a levy of $2,500 to $20,000 per vacant unit unenforceable for now.
One email a week: the rule changes that matter, the numbers behind them, and the questions to bring to your advisor. Built from 245 stories in the archive.
