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 News4d agoWhole story →BuildEconomypied 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 News4d agoWhole story →BuildEconomyirs 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 News4d agoWhole story →EducationJusticeZohran Mamdaninyc childcare expansion proposal
IRS Proposes Regulations on Premium Tax Credit Eligibility, Computation, RepaymentThe IRS proposed regulations implementing changes to the premium tax credit (PTC) under the One, Big, Beautiful Bill Act (OBBBA). The proposal includes: 1) stricter eligibility verification; 2) limitations involving ...Bloomberg Tax News4d agoWhole story →HealthEconomyirs proposes ptc regulations
