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IRS Sets January 26 Start For 2026 Tax Filing Season As Tax Law Changes Take Effect

IRS Sets January 26 Start For 2026 Tax Filing Season As Tax Law Changes Take Effect

ByKelly Phillips Erb,

Forbes Staff

IRS has announced that the 2026 filing season will begin January 26, when tax law changes enacted in 2025, including no tax on tips and no tax on overtime, take effect.

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Proof Of Work Is What’s In Your Wallet, Not On The Bitcoin Blockchain

Money that circulates is backed by work, by definition.

ByJohn Tamny,

Contributor

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Better Call Claude: The Confidentiality Risks Of Getting Legal Advice From AI

Artificial intelligence is advancing rapidly, with new tools answering complex legal questions in minutes. As a result, more people are turning to AI for legal advice.

ByThe Insider,

Contributor

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The IRS Is Still Drowning In Paper And It’s Costing Taxpayers Millions

A TIGTA report reveals paper returns make up just 6% of filings, but drive 72% of processing costs. Funding cuts and staffing shortages are making it worse.

ByKelly Phillips Erb,

Forbes Staff

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More Corporate Tax Disclosure, Worse Investor Decisions?

New ASU 2023-09 tax disclosures promise transparency in 2025—but new research warns they may mislead investors and distort investment decisions.

ByNathan Goldman,

Contributor

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It's Time America Sobered Up About How It Sells Liquor

With liquor sales down, now is the time for the Supreme Court to strike a blow against the absurd restrictions on interstate sales affecting the liquor industry.

BySteve Forbes,

Forbes Staff

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Bad Bunny Makes The Case For Energy Policy Reform At Super Bowl LX

Bad Bunny's halftime performance at Super Bowl LX highlighted energy injustice in Puerto Rico and the need for energy policy reform to address an unreliable power grid.

ByKelly Fleming,

Contributor

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How The SBA’s New Citizenship Requirement Reshapes Lending

A new SBA rule limits loan eligibility to citizen-owned businesses, removing green card holders and altering access to federally backed small business capital.

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The FDA Refuses To Review Moderna’s Flu Vaccine

In this week’s edition of InnovationRx, we look at the healthcare giants on Forbes new Greatest Innovators list, why Garner Health is worth $1.35 billion, and more.

ByAmy Feldman,

Forbes Staff

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Yes, Bad Bunny And Other Puerto Ricans Are U.S. Citizens. But Taxes? That’s Complicated

Puerto Rico’s residents don’t pay U.S. income taxes on income sourced to the island. That, and a special tax break for newcomers, has attracted some rich folks from the states.

ByKelly Phillips Erb,

Forbes Staff

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This Startup Wants To Turn America’s Nuclear Waste Into Power

Stafford Sheehan’s new startup Project Omega is working with the U.S. government to turn nuclear waste into “unlimited energy."

ByPhoebe Liu,

Forbes Staff

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California’s Proposed Wealth Tax Is A Result Of The Dollar’s Devaluation

A possible but economy-harming California wealth tax is a manifestation of inflation's toxic impact.

BySteve Forbes,

Forbes Staff

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Bulk Buyers: Reminder That In Business, The ‘99-1 Principle’ Prevails

In business, as in all walks of life, the vital few power most commerce.

ByJohn Tamny,

Contributor

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Should There Be A Mandatory Retirement Age For Presidents, VPs And Other Lawmakers And Officials?

While Washington politicians and officials are getting older and older, setting age limits isn't the answer.

BySteve Forbes,

Forbes Staff

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What Next For Iran And Venezuela?

The US has left the regimes of Iran and Venezuela in place. What will Trump do next?

ByMelik Kaylan,

Contributor

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Why EU Sanctions On Russia Could Make Things Worse For Ukraine

A tariff felt by one country is invariably felt by all countries.

ByJohn Tamny,

Contributor

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A New Clean Hydrogen Option: Make It Underground

This week’s Current Climate newsletter also looks at tough market conditions for Tesla’s Semi and how offshore wind farms can stabilize New England’s electricity grid.

ByAlan Ohnsman,

Forbes Staff

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Facing Medicaid Fraud Allegations, California Changes The Subject

Newsom’s political antics do nothing to resolve the deeper issue—namely, that Medicaid fraud costs taxpayers billions of dollars every year.

BySally Pipes,

Contributor


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