Digging in on the New Federal Scholarship Tax Credit

Senators Tried to Unravel Historic Student Loan Reform

Last summer, Congress passed the Working Families Tax Cuts Act (WFTCA), which was a massive budget reconciliation package that combined permanent tax relief with much-needed changes to the federal student loan program. The higher education reforms passed in the WFTCA represent one of the most significant overhauls of federal student lending. These reforms helped to...

Ways & Means Chair Smith talks Working Families Tax Cut, reconciliation 3.0, fraud

Rep. Jason Smith touts the one big beautiful bill act 2025 anniversary, highlighting the child tax credit, no tax on tips, and border security.

Billionaire Wealth Tax Headed to the California Ballot

Billionaire Wealth Tax Headed to the California Ballot Ira Sun, 06/28/2026 - 23:34

Equipping Schoolchildren for a Better America

Photo Credit: PxHereThe new Federal Tax Credit Scholarship law will strengthen families to direct their children’s education while affirming religious freedom.

Uncle Sam Shrinks Cut: Florida Walks Away With America’s Biggest Refunds After Tax Overhaul

A massive overhaul of the federal tax code is hitting its one-year milestone, and new data shows Florida residents are pacing the nation in average refund dollars. U.S. Senator Ashley Moody met with local workers and retirees this week to review the impact of the Working Families Tax Cuts Act. The legislation, which Moody helped [] Uncle Sam Shrinks Cut: Florida Walks Away With America’s Biggest Refunds After Tax Overhaul

James Talarico Wants to Tax Tips, Overtime, and Social Security

Today marks one year since President Trump and Senate Republicans passed the Working Families Tax Cuts to allow hardworking Texans to keep more of what they earned and secure our southern border. But James Talarico would have voted against this historic legislation. “James Talarico would have voted in line with Chuck Schumer to raise taxes on all []

Pennsylvania Catholic schools brace for possible tax-credit cuts

If a bill passed by the state House eliminating the tax credits becomes law, scholarship organizations would lose their funding source and students would lose tuition assistance. [...]

One Big Beautiful Bill Delivered Vital Tax Cut to Americans

By Brandon Arnold.

New Tax Stupidity: Will the Last Productive Person to Leave California, Please Turn Out the Lights?

New Tax Stupidity: Will the Last Productive Person to Leave California, Please Turn Out the Lights?

The Warren-Moreno Social Security proposal

Elizabeth Warren and Bernie Moreno have a NYT op-ed (gift link) advocating that Social Security have its solvency extended beyond 2032 (if nothing is done before then the current government projection is that benefits would have to be cut across the board by 24) by simply eliminating the cap on the tax, which is currently [] The post The Warren-Moreno Social Security proposal appeared first on Lawyers, Guns Money.

Bipartisan Senate duo wants to help students get federal aid for learning outside college

Sens. Amy Klobuchar (D-Minn.) and Tim Sheehy (R-Mont.) are pairing up on a new bill that would pave a way for students to use financial aid to pay for prior learning assessments, a category of tests that grant college credit for learning outside a college setting, such as in a job. Those tests usually cost...

Breaking: Tax Shelters [Ironic]

[link] [2 comments]

The 'Florida Flip' for Roth Conversions: How to Use a No-Tax State to Lower RMDs

The 'Florida Flip' for Roth Conversions: How to Use a No-Tax State to Lower RMDs

‘Professional degree’ list is expanded. But education still didn’t make the cut.

The designation comes with an increased federal student loan cap of 200,000 for graduate programs.

What business leaders are saying — and doing — about California’s proposed billionaire tax

Palmer Luckey, Jensen Huang, Elon Musk, and more have commented on California’s billionaire tax proposal. PATRICK T. FALLON/AFP via Getty Images; Isaac Wasserman/NCAA Photos via Getty Images; Patrick T. Fallon / AFP via Getty Images Many wealthy business leaders have publicly reacted to the California wealth tax proposal. State labor groups proposed a 5 tax []

Some Microschools in Limbo While Awaiting New Federal Tax Credit Rules

Public schools are beginning to imagine ways they can benefit from the new Federal Scholarship Tax Credit, after the Treasury Department clarified last month that district students will be eligible for scholarships. But for microschools, a growing segment of the private school market, the initial guidance from federal officials has left school leaders worried they []

EU tax reform promises €8bn in savings, but shell companies untouched

The most impactful change is the abolition of taxes charged on cross-border payments of dividends, interest and royalties between companies. This alone accounts for around 5.3bn of the projected savings.

You Could Qualify for a Covid-Era Tax Refund—But the Deadline is Rapidly Approaching

You Could Qualify for a Covid-Era Tax Refund—But the Deadline is Rapidly Approaching

California’s illegal immigrant welfare paradise

California’s secretary of state announced last week that the Billionaire Tax Act, an initiative supported by the state’s labor movement, has qualified for the November ballot. The supposedly one-time tax on individuals with assets exceeding 1 billion would raise an estimated 100 billion over five years. And according to a new Department of Health and []

25 Years of School Choice For Florida Parents and Students

Step Up For Students, the nonprofit group that administers the Florida education choice scholarship programs, is highlighting the 25th anniversary of Florida’s landmark education choice scholarship program. The Florida Tax Credit Scholarship (FTC) went into effect July 1, 2001, after it was passed by the Florida Legislature and Gov. Jeb Bush signed it into law. The []

Northern Tax-Advantaged Ultra-Short Fixed Income Fund Q1 2026 Commentary

Northern Tax-Advantaged Ultra-Short Fixed Income Fund Q1 2026 Commentary

Education Department finalizes rule tying federal student aid to graduates’ earnings

Finalized rule includes new exemptions The U.S. Department of Education issued its final rule tying federal aid to graduates’ earnings Monday. “Under the new Student Tuition and Transparency System (STATS) and Earnings Accountability rule, undergraduate programs will be required to demonstrate that their graduates earn more than the typical high school diploma holder, and graduate []

LCCI terms FBR's tax target achievement a shared success

LCCI terms FBR's tax target achievement a shared success

Can Congress Fix Social Security's Funding Crunch?

Can Congress Fix Social Security's Funding Crunch?

Will the New Student Loan Limits Actually Drive Down Tuition? Economists Weigh In

The idea that there's a connection between federal student loans and what colleges charge dates back almost four decades. But it's unclear that link can lead to lower costs.

The Big Beautiful Bill’s Graduate Loan Limits Go into Effect

The One Big Beautiful Bill Act (OBBBA) of 2025 included limits on federal student loans. The OBBBA eliminated the issuance of new Federal Direct Graduate PLUS loans effective July 1, 2026, and restored annual caps on other federal loans to graduate students. The changes in student loans will save an estimated 307 billion over 10 []

CA Billionaire Tax to Appear on November Ballot

https://www.youtube.com/shorts/rxnfsVmKyyo California voters will decide this November whether to approve a new tax targeting the state'...

Will the new student loan limits actually drive down tuition? Economists weigh in

The idea that there's a connection between federal student loans and what colleges charge dates back almost four decades. But it's unclear that link can lead to lower costs.

Loans, visas & more: Why ITR matters beyond taxes

Loans, visas & more: Why ITR matters beyond taxes

Ashley Moody introduces Senate measure to curtail fraud in federal childcare grants

'This bill strengthens oversight, targets waste, mandates consequences for fraud, and ensures these funds go where they are needed most.' The post Ashley Moody introduces Senate measure to curtail fraud in federal childcare grants appeared first on Florida Politics - Campaigns Elections. Lobbying Government..

AI Abundance, Part 4:

THE CLARITY ACT AND THE STABLECOIN WARS Ellen Brown As Americans prepare to celebrate the 250th anniversary of the Declaration of Independence, few are paying attention to a bill moving through Congress that could seriously impinge on our financial independence. The Clarity for Payment Stablecoins Act, H.R. 4766, is slated to make privately issued stablecoins []

Tax scrutiny grows on family transfers

A simple bank transfer between a parent and child or the movement of funds from a shared family account can carry greater tax implications than many taxpayers realize.

Sens. Moreno, Warren: Must Act Now to Save Social Security

A Republican and a Democrat senator are making a bipartisan push to shore up Social Security by requiring high-income earners to pay payroll taxes on all of their wages, arguing the change would help prevent steep benefit cuts and strengthen the program, which provides retirement, disability, and survivor benefits. “Congress must act now to save []...Click to read more

Summer 2026 U.S. Credits

Vanity Fair's Summer 2026 issue

California voters to decide billionaire tax measure in November

The ballot measure would levy a one-time 5 tax on Californians worth more than 1 billion to fund the state’s Medicaid program. The post California voters to decide billionaire tax measure in November appeared first on MS NOW.