Janet Novack

IRS Announces 2026 Tax Brackets, Standard Deductions And Other Inflation Adjustments Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions created by the 2025 One Big Beautiful Bill Act.

Official tax brackets, etc. for 2026--if you're doing some planning. Includes details of the new tax deductions. www.forbes.com/sites/kellyp...

IRS Halts Most Taxpayer Services As It Furloughs Nearly Half Its Workers Tax filings and payments are still due and Criminal Investigation will stay on the job. But processing of refunds and amended returns will likely be delayed.

@bsky.app Nearly half of an already depleted workforce is being furloughed. The IRS still expects you to file and pay, but don't expect taxpayer service or a refund to be processed. www.forbes.com/sites/kellyp...

The more people on this story, the better. FYI, the Forbes story is not individually paywalled, but the site is metered, limiting free stories each month.

These 25 Universities Will Take A Big Hit From Trump’s H-1B Visa Attack The new $100,000 H-1B visa fee and a preference for older foreign skilled workers could hurt both schools’ foreign staff hiring and their graduate student recruitment.

Research universities are on the front line of Trump's H-1B attack. www.forbes.com/sites/janetn...

Overstressed, Unpaid Air Traffic Controllers ‘Aren’t Fit For Duty,’ Says Agency Veteran Cracks in the air travel system are widening, as air traffic controllers bear the strain of an understaffed system and no pay until the government shutdown ends.

“The air traffic system, in general, is stressed to the max,” a veteran air traffic controller working at a major East Coast airport told Forbes on Tuesday, adding “sick outs will continue to happen because the [controllers] aren’t fit for duty.”

www.forbes.com/sites/suzann...

And here's the other view: www.forbes.com/sites/brando...

No, Taxes Are Not The Main Reason Seniors Are Reluctant To Move Taxes play a part in their unwillingness to move, but bigger reasons include the absence of affordable, accessible housing and emotional ties to homes and communities.

Interesting analysis on why boomers aren't selling their homes and moving. Howard Gleckman, a tax and aging geek, says it's not the taxes. www.forbes.com/sites/howard...

Billionaire Trump Donor Paulson Scores Windfall Thanks To Government’s Investment In Trilogy Metals One of Donald Trump’s earliest supporters on Wall Street owns a stake in the tiny mining business that tripled overnight on news of the government’s investment.

Another Trump day, another payday for his backers. www.forbes.com/sites/hanktu...

These 25 Universities Will Take A Big Hit From Trump’s H-1B Visa Attack The new $100,000 H-1B visa fee and a preference for older foreign skilled workers could hurt both schools’ foreign staff hiring and their graduate student recruitment.

"These 25 Universities Will Take A Big Hit From Trump’s H-1B Visa Attack"

@janetnovack.bsky.social for @forbes.com

These 25 Universities Will Take A Big Hit From Trump’s H-1B Visa Attack The new $100,000 H-1B visa fee and a preference for older foreign skilled workers could hurt both schools’ foreign staff hiring and their graduate student recruitment.

@bsky.app The Trump Administration's damage to research universities just keeps mounting. Here's one on the impact of the $100,000 H-1B visa fee and other visa changes. www.forbes.com/sites/janetn...

This GOP move does several things:
+ No votes in the House until at least October 14
+ No swearing-in for Rep.-elect Adelita Grijalva D-AZ
+ No 218th signature from Grijalva on the Epstein Files discharge petition
+ Continues the House 'jam' of the Senate on the CR

One Smart Way To Enjoy Retirement: Move Back To Your College Town Forbes screened nearly 1,000 locales to pick the 25 top places to enjoy retirement, weighing quality of life and leisure offerings from the arts to fine dining to golf.

Plus, a Forbes tribute to retiring where you went to college. www.forbes.com/sites/willia...

25 Best Places To Enjoy Your Retirement In 2025 Find the best places in the U.S. to follow your retirement passions, including golf, hiking, boating, skiing, the arts, fine dining, restaurants and lifelong learning.

@bsky.app The new @Forbes retirement list--this one focused on enjoying retirement, meaning we don't disqualify places with high costs or taxes. (Some choices are affordable, some surprising.) www.forbes.com/sites/willia...

MGX Says $2 Billion Binance Investment Used USD1 Because Of ‘Compliance History’—But The Trump-Linked Stablecoin Was Brand New The Abu Dhabi fund told Forbes that Binance requested settling with a cryptocurrency and used a stablecoin for stability, ultimately selecting USD1, in part, because it was backed by U.S. government a...

New: Abu Dhabi fund MGX told me it picked USD1—a Trump family–linked stablecoin from World Liberty Financial—to put $2B into Binance, citing its “compliance history.”

USD1 had just launched.

me, for @forbes.com

🪙🍼🤷

1/

How The Government Shutdown Freezes SBA Loans and Small Businesses The government shutdown halts SBA loan approvals, leaving small businesses without new financing. Short delays sting, but longer ones risk bigger fallout.

@bsky.app How the shutdown affects small business. Rule of thumb: if the government writes checks, it’s closed; if the government cashes checks, it’s open. So SBA loans are held up. www.forbes.com/sites/brando...

What The Government Shutdown Means For Older Adults And People With Disabilities The government shutdown could have a severe impact on the well-being of older adults and younger people with disabilities, depending on how long it lasts.

Yes, Social Security benefits will continue, but there are other ways the government shutdown could hurt retirees and those on disability. www.forbes.com/sites/howard...

Inside Amazon’s Aggressive Push To Get Cops Using AI Surveillance Inside Amazon’s Aggressive Push To Get Cops Using AI

🚨NEW🚨 Amazon has been developing drone surveillance tech for American cops, from gun detection to repurposing Twitch's streaming code.

It's also pushing all manner of surveillance tools, including Flock car tracking and AI that constantly monitors all prison calls.

www.forbes.com/sites/thomas...

IRS Plans To Stay Open For The First Five Days Of A Government Shutdown The IRS says there will be no changes to its operations for the first five days of a government shutdown, thanks to a reallocation of money from the Inflation Reduction Act (IRA).

@bsky.app The IRS will stay open for at least five days of a government shutdown. But even if most workers are sent home, taxes are still due. www.forbes.com/sites/kellyp...

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Why Index Fund Giant Vanguard Is Pushing Actively Managed Bond Funds The $11 trillion in assets manager has shifted its recommended allocations to 70% fixed income. It now has more than $1 trillion in funds committed to bonds.

So Vanguard has become a believer in bonds (urging 70% allocation), and, when it comes to bond funds, active management. www.forbes.com/sites/hanktu...

Trump’s TikTok Deal Seems Like The One The Biden White House Rejected Trump appears poised to accept a set of terms similar to Project Texas, a ByteDance proposal that Biden felt perpetuated an unacceptable risk to national security.

new from me: time is a flat circle

www.forbes.com/sites/emilyb...

How To Navigate Retirement Savings If Your Company Suspends 401(k) Plan Matches Earlier this month, citing the economic slowdown and tariffs, Sherwin-Williams announced that it was suspending 401(k) matches to employees. Here’s what you need to know.

Earlier this month, citing the economic slowdown and tariffs, Sherwin-Williams announced that it would suspend 401(k) matches for employees.
While employees might be unhappy, it’s not illegal. Companies can make changes to 401(k) plans. Here’s what you need to know.

www.forbes.com/sites/kellyp...

As Tariffs Send Coffee Prices Soaring, Some In Congress Are Brewing Up A Solution The cost of coffee is on the rise, thanks to tariffs. Congress has introduced a bill to scrap the tax—a move that could be popular as more Americans reach for a cup.

Because it's National Coffee Day and because @taxgirl.bsky.social needs her morning fix.
www.forbes.com/sites/kellyp...

Trump’s Argentina bailout enriches one well-connected billionaire A $20 billion taxpayer-funded rescue package for Argentina is a gift for a hedge fund manager with personal and professional ties to the Treasury Secretary

"Trump’s Argentina bailout enriches one well-connected billionaire

A $20 billion taxpayer-funded rescue package for Argentina is a gift for a hedge fund manager with personal and professional ties to the Treasury Secretary"

@juddlegum.bsky.social for @popular.info

The Department of Labor has released its plan in the event of a government shutdown.
Key takeaway for econ data: There will NOT be a jobs report on Friday (or any subsequent data releases) if funding isn't restored in time. #NumbersDay #EconSky
www.dol.gov/sites/dolgov...

With a government shutdown looming, I'm getting lots of questions about what happens to Social Security. Key points:

1. By law, Social Security & SSI benefits will keep coming.

2. SSA workers needed to continue benefit payments will keep working (but won't get paid until the gov reopens).

RFK Jr. Is Targeting Vaccines And Tylenol. Are Prozac And Ozempic Next? Tylenol maker Kenvue is reeling after unsupported claims that its popular drug causes autism. Kennedy is unlikely to stop there.

Along with the abortion drug, mifepristone, RFK could have Ozempic and Prozac in his sights.
www.forbes.com/sites/alexkn...

The Web Of Billionaires Taking Control Of TikTok U.S. The exact lineup of investors is still under wraps but the network of players is in some cases nearly half a century in the making.

The exact lineup of investors taking control of TikTok U.S. is still under wraps, but the network of players is in some cases nearly half a century in the making.

Inside their ties to #Trump and each other for @forbes.com:

www.forbes.com/sites/forbes...

literally the reason my mom hasn't - she's waiting to die so she can leave her house to me with stepped up basis. otherwise she'd have sold and moved to a retirement community or something smaller

Zuckerberg Vs. Musk: Meta’s Threads Topples X In Daily Active Users Worldwide While the number of daily active users for Threads has steadily grown in the two years since it launched, X’s numbers have declined considerably.

@bsky.app www.forbes.com/sites/conorm...