North America

Paper checks are gone, but scammers are here. The new mandate for digital-only payments has triggered a massive wave of IRS Electronic Refund Scams.

Cash transfers just got more expensive. The new OBBBA Remittance Excise Tax imposes a 1% levy on cash and money order remittances sent abroad.

The service industry just got a raise. The IRS has finalized the OBBBA No Tax on Tips rules, exempting gratuities from federal income tax while adding strict anti-abuse guardrails.

The numbers are in, and they aren’t pretty. 2026 Taxpayer Sentiment shows that most Americans feel the tax system is unfair and too expensive as the IRS deadline looms.

Generational wealth starts now. The IRS confirms that 4 million children have been signed up for OBBBA Trump Accounts since January.

Trade just got digital. The new Mexico Agro-Compliance Certificate is now mandatory for agricultural exporters seeking VAT zero-rating in Mexico.

Innovation just got a tax break. The IRS has officially restored immediate Section 174 R&D Expensing for domestic costs, while tightening rules on foreign research.

Trade enforcement hits the medicine cabinet. The Section 232 Pharma Tariffs are now live, introducing a 100% duty on foreign-made APIs to force domestic manufacturing.

Effective today, the US shifts Section 232 Metals Tariffs to the full value of imports. Automotive and construction sectors face immediate 25-50% cost hikes.

Texas Comptroller publishes proposed changes to the Franchise Tax COGS deduction. Businesses have until May 3 to submit comments on the new rules.