IRS Announces Proposed Regulations Implementing Premium Tax Credit Eligibility ReformsThe IRS announced proposed regulations implementing statutory changes to the Premium Tax Credit (PTC), a refundable federal income tax credit for eligible taxpayers purchasing health insurance through Health Insurance Exchanges. ...Bloomberg Tax News4d agoWhole story →EconomyHealthpremium tax credit reforms
Idaho Tax Commission Postpones Wildfire-Affected Tax Filing, Payment Deadlines to Feb. 1, 2027The Idaho Tax Commission postponed state tax filing and payment deadlines for individuals and businesses affected by the Washington wildfires, following federal disaster relief. Deadlines falling from July 31, 2026, ...Bloomberg Tax News4d agoWhole story →SecurityPlanetwashington wildfires tax relief
Strip Club Owner Gets Prison Time for Tax Fraud, ProstitutionA Massachusetts strip club owner was sentenced to 16 months in federal prison and three years of supervised release for promoting prostitution and defrauding the IRS, the US Attorney’s Office for the District of Connecticut said.Bloomberg Tax News4d agoWhole story →JusticeEconomytax fraud sentencing
Pennsylvania Bans Skill Games After State Gridlock on Tax DealSkill game machines are now banned in Pennsylvania after lawmakers failed to reach a deal to legalize the industry, leaving on the table hundreds of millions of dollars a year in potential tax revenue.Bloomberg Tax News4d agoWhole story →GovernmentEconomypennsylvania skill game ban
