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The Blog

US business tax, in plain English.

Deep-dive articles on the rules that affect your bottom line β€” written to be understood, kept current, and free of jargon.

Deep Desk

Longer weekend reads that take one big tax question apart.

Deep Desk
August 7, 2026 Β· 14 min read

The Hundred-Billion-Dollar Rebate: Giving Back a Tax the Government Never Had the Power to Collect

The Supreme Court struck down the IEEPA tariffs, and $166bn has to go back β€” to the importers who remitted it, not the buyers who bore it. And the refund is itself taxable.

Read article β†’ Deep Desk
July 24, 2026 Β· 12 min read

Charged and Constrained: Washington Kept the Battery Storage Tax Credit but Rewired Its Supply Chain

Congress spared the battery storage credit the cuts that hit wind and solar β€” then tied it to shedding Chinese content. For an industry built on Chinese supply, that condition is the whole game.

Read article β†’ Deep Desk
July 16, 2026 Β· 12 min read

The $40,000 Question: Washington Raised the SALT Cap but Left the Pass-Through Workaround Standing

Congress quadrupled the SALT cap to $40,000 β€” then quietly left the pass-through workaround standing, so for PE, private credit, and real estate funds the cap barely binds. Inside the fight Congress deferred to 2030.

Read article β†’ Deep Desk
July 10, 2026 Β· 12 min read

The Data Centre Tax Bargain: Who Really Pays for the AI Build-Out?

The contested economics of data-centre tax breaks β€” the case for, the case against, the federal layer that supercharges it, and who ends up paying for the AI build-out.

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Tax Watch

In-depth, plain-English articles on the topics advisors ask about most.

Tax Watch
July 20, 2026 Β· 5 min read

The $60 Million Trust Trick: Treasury Is Watching How PE Exits Split One Tax Break Into Four

Founders and PE investors split shares across family trusts to turn a $15m tax-free windfall into $60m. Treasury says it doesn't like "stacking" β€” and guidance is reportedly being drafted.

Read article β†’ Tax Watch
July 10, 2026 Β· 5 min read

Opportunity Zones Just Reopened, and the Map Is Being Redrawn

Opportunity Zones are back β€” and now permanent. States have until late September 2026 to pick the new zones. For real estate funds, it's a big deal.

Read article β†’ Tax Watch
July 10, 2026 Β· 5 min read

The Quiet Tax Deal That's Getting Private Equity Founders Sued

Apollo, Carlyle and KKR paid founders hundreds of millions via a niche 'tax-receivable agreement.' Now shareholders are suing β€” and Delaware courts are letting the cases move forward.

Read article β†’ Tax Watch
July 9, 2026 Β· 5 min read

Washington Takes Another Swing at the "Carried Interest" Loophole

A new Senate bill would tax fund managers' carry as ordinary income β€” plus self-employment tax. Why it probably stalls in 2026, and why it still matters.

Read article β†’ Tax Watch
July 9, 2026 Β· 5 min read

Borrowing Just Got Cheaper (Tax-Wise): The Section 163(j) Glow-Up

The interest-deduction cap switched back to the friendlier EBITDA measure in 2025 β€” a win for debt-heavy businesses β€” but a 2026 ordering rule closes a loophole.

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