A rule change that took effect in the spring is still shaping how much American businesses and households pay for imported metal goods. Since early April, tariffs on steel, aluminum and copper products haven’t been calculated off the value of the metal inside a product anymore. They’re calculated off the entire declared value of the…

A tariff signed into law back in April is about to widen its reach. Under a presidential proclamation covering patented pharmaceuticals, most drug companies that haven’t lined up an approved plan to manufacture in the United States are now three weeks from paying a steep new duty on branded medicines and their ingredients when those…

The Department of Homeland Security wants to add a $103,265 fee to certain H-1B visa petitions, and the number is drawing attention because it is larger than many workers’ annual salaries, not because it is already law. DHS published the proposal on August 25 as a Notice of Proposed Rulemaking, and the public comment period…

The IRS has confirmed that starting with the W-2s covering 2026 pay, employers have to list overtime pay separately in a specific box, not just fold it into a worker’s regular wages the way they always have. That single change decides whether millions of workers can actually claim the new “no tax on overtime” deduction…

Every year, millions of people who buy health coverage through the ACA marketplace estimate their income months before they actually earn it, then find out at tax time whether the subsidy checks sent to their insurance company all year matched reality. Through 2025, if that estimate came in too low and the subsidy paid out…

The Internal Revenue Service says the interest meter on unpaid taxes is staying exactly where it has been: 7 percent a year, compounded daily, through the final three months of 2026. The agency confirmed the fourth-quarter rates on August 21, and for anyone carrying a tax balance into the fall, or still waiting on a…

Beginning July 24, 2026, U.S. Customs and Border Protection started collecting a new tariff on imports from 60 economies, and the size of the bill turns on one thing: whether that economy bans the import of goods made with forced labor. Canada, Mexico and the United Kingdom landed in the cheaper of two brackets, paying…

The federal government wants to put a hard ceiling on what Wall Street can charge to manage the retirement-style savings accounts it opened for millions of American children. Under a proposed regulation from the Treasury Department and the Internal Revenue Service, money sitting in a child’s Trump Account could only go into a stock index…

Every dollar a U.S. resident sends home in cash, a money order or a cashier’s check has carried a new federal tax since New Year’s Day this year, and the companies that collect it have been operating under real slack from the IRS while they build the systems to do it correctly. That slack runs…

Tip income only qualifies for the federal “no tax on tips” deduction if the job that earned it appears, by name, on a specific federal list — and that list just got longer than a lot of workers realize. Treasury and the IRS finalized the roster this spring at 71 occupations spread across eight industry…