Direct Taxes

IRS information-reporting thresholds would rise under proposed U.S. rules, cutting filing burden for millions while also tightening wagering-loss deductions.

Ireland Living City Initiative tax relief has been extended to five more towns, widening support for residential, rental, and commercial refurbishment projects.

The receipts are in. The IRS OBBBA Refund Totals 2026 have reached $340 billion, driven by a massive surge in overtime tax exemptions that far exceeded initial estimates.

Tax Day 2026 is here. OBBBA Refund Claims 2026 are hitting record highs as millions of Americans claim new overtime exemptions and open Trump Accounts for their children.

The era of unlimited business relief is over. HMRC’s latest directive on the IHT BPR Cap 2026 explains how to navigate the new £2.5m limit and 20% tax on surplus assets.

It’s the final countdown. The IRS is urging taxpayers to claim the OBBBA Senior and Overtime Exemptions to secure what may be the largest refunds in history.

The digital taxman is online. The first HMRC MTD Performance 2026 data shows a 92% success rate for software linking, alongside new “off-grid” exemptions.

The $600 rule is dead. The IRS 1099-K Threshold 2026 is now officially $2,000, bringing a permanent end to the digital payment reporting controversy.

The future of withholding tax is digital. The MiKaDiv ecosystem has formally launched, providing Germany with a high-tech shield against tax fraud.

The digital revolution is here. HMRC Making Tax Digital 2026 reports record-breaking adoption as sole traders and landlords ditch the paper for pixels.