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Caitlin Reilly

Reporter

Indexed articles, last 90 days
4
Latest publication
Sep 3, 2026
Outlet visibility, for Accountingtoday
Top 1M sites
Earliest in this view
Jul 13, 2026

Latest articles

  1. Article · Sep 3, 2026 · Caitlin Reilly

    Treasury targets tax exemptions for schools over racial policies (opens the original)

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    The U.S. Treasury Department escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race in admissions, scholarships or other areas, a potential blow to the financial stability of hundreds of educational institutions. The department and the Internal Revenue Service unveiled a proposal Thursday that would revoke colleges' and universities' tax-exempt status, which permits their donors to deduct donations. That status also allows schools t

  2. Article · Aug 20, 2026 · Caitlin Reilly

    Treasury seeks to limit immigrants' use of some tax breaks (opens the original)

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    The Trump administration moved to further limit immigrants' access to the refundable portion of four tax credits aimed at aiding students, workers and families. Only citizens and certain foreigners, including lawful permanent residents, asylum recipients and refugees, would be able to claim the refundable portion of tax credits available to children, students, adoptive parents and low- to middle-income workers, under the proposed rules announced Wednesday. "Under President Trump, the days of ill

  3. Article · Aug 13, 2026 · Caitlin Reilly

    Richest to profit in Trump's capital gain tax ideas for midterms (opens the original)

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    The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election — changes that would disproportionately flow to some of the wealthiest U.S. households. National Economic Council Director Kevin Hassett and Fox Business host Larry Kudlow on Tuesday touted the capital gains changes as potential economic policies to entice voters. The Republican Party is fighting to retain it

  4. Article · Jul 13, 2026 · Caitlin Reilly

    World Cup bets on prediction markets may get tax edge over gambling (opens the original)

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    Americans using prediction markets to bet on the World Cup may face a lighter tax burden than peers wagering through sportsbooks thanks to tax breaks aimed at investments. While the tax rules governing gambling are clear, the rise of prediction market bets — which are structured as investments — injects fresh uncertainty into how wagers are taxed. The crux of the issue is whether the payouts from these prediction market bets are considered gambling, like wagers placed in sportsbooks and betting

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