DC Lawmakers to Debate Pied-à-Terre Tax on $2.6 Million HomesDC could become the next major locality to institute a tax on high-end second homes, with local lawmakers set to debate several proposed levies during a Friday hearing.Bloomberg Tax News2d agoWhole story →EconomyBuildpied terre tax debate
IRS Issues News Release Suspending Excise Tax Penalties for Highway-Use Dyed DieselThe IRS announced temporary federal excise tax relief for dyed diesel fuel sold for use or used on highways nationwide. For the period from October 1 through December 31, 2026, ...Bloomberg Tax News2d agoWhole story →EconomyBuildirs tax relief announcement
NYC Childcare Expansion to Cost $735 Million a Year, Study SaysExpanding New York City’s childcare system to provide universal coverage for more children would cost about $735 million a year, according to a new report, raising questions about how Mayor Zohran Mamdani would finance a signature proposal.Bloomberg Tax News2d agoWhole story →EducationJusticeZohran Mamdaninyc childcare expansion proposal