Francine J. Lipman In The News

Reno Gazette-Journal
Tax returns filed in 2026 will be the first with President Donald Trump’s “No Tax on Tips” policy in effect — and it may be confusing for some filers because not all tipped occupations qualify and neither do all tips.
Quartz
Tax season is officially here and, with it, a whole slew of new tax rules. The recently passed “One Big Beautiful Bill” Act introduced several notable provisions, along with permanent extensions of existing code in the 2017 Tax Cuts and Jobs Act (TCJA). But many taxpayers may not be aware of these nuances, and the new tax law is notoriously complex, experts say.
Homes.com
Selling your home can be a financial windfall, but it can also trigger a hefty capital gains tax bill. Fortunately, there are several ways to reduce or avoid that tax if you know the rules. Of course, it's impossible to provide information that applies to all sellers, as everyone's situation is unique. For guidance tailored to your specific situation, please consult a licensed tax professional.
K.S.N.V. T.V. News 3
Tipped workers are expressing concern over their futures as the "no tax on tips" policy is falling short of what they hoped for.
K.S.N.V. T.V. News 3
Tipped workers in Nevada, particularly in Las Vegas, are grappling with the reality behind the "no tax on tips" promise, which experts say is misleading. Debra Jeffries, a cocktail waitress and 45-year member of the Culinary Workers Union, expressed her frustration, saying, "Yeah, it's quite a bait and switch from the campaign days to what it basically boils down to. And we're not even sure what that boils down to."
K.N.P.R. News
President Trump signed a proclamation last week marking the 90th anniversary of the establishment of Social Security, the landmark social safety net program passed during the height of the Great Depression to provide basic financial relief to the country’s seniors.
National Journal
For immigrants in the U.S. attempting to avoid deportation but still trying to play by the rules as best they can, the masked federal officers roaming the streets aren’t their only worry. It turns out the records they provided the government, such as tax and medical information, could be their undoing now that the Trump administration is using that data to locate them and their families.
Reno Gazette-Journal
The new federal law making tips tax-free could benefit Nevada workers more than those in other states — but there are also caveats, such as a little-mentioned marriage penalty.