Income taxes

The Treasury Department suddenly softened its plan to track consumer transactions after critics protested that it would target low-income workers.

How to network; testing cyber defense; Pandora the explorer; and other highlights from our favorite tax bloggers.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

What pros are making; getting clients to pay; keeping the SALT cap; and other highlights from our favorite tax bloggers.

Democrats risk settling for a less generous expansion of the state and local tax deduction than previously hoped after President Joe Biden conceded that lawmakers will have to scale back his economic agenda to get it enacted.

One suggested that a two-year repeal of the $10,000 cap will be the final solution.

The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.

Democrat legislators are attempting to move forward with the next step needed to pass President Biden’s economic agenda.

Paying guests at the Met Gala get to deduct much of the $35,000 ticket price, says Matthew Yglesias.

High-earning taxpayers would face much smaller tax hikes — or even cuts — if Democrats decide to restore the federal deduction for state and local taxes in legislation that’s now moving through the House.