Taxes May 11, 2026
New Court Case Paves Way for Additional Disaster Refund Claims
The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.
Taxes April 29, 2026
IRS Increases Foreign Earned Income Tax Breaks
In a new ruling, Notice 2026-25, 4/7/26, the IRS has bolstered a couple of tax breaks available to taxpayers working abroad.
Taxes April 24, 2026
IRS Provides New Guidance on Educational Assistance Plans
Employers may be encouraged to add an EAP to their fringe benefit package as a way to attract and retain high-quality employees.
Taxes April 21, 2026
Enjoy Summer Tax Breaks for RVs and Boats
You may be eligible for mortgage interest deductions if you itemize on your 2026 return.
Taxes April 17, 2026
Making Tax Sense Out of March Madness
Stakeholders in the gambling industry have strenuously objected to the provision in the OBBBA limiting gambling losses.
Taxes April 14, 2026
Tax Court OKs Disallowance of Accrued Expenses
Usually, a small business owner will choose to use the cash method of accounting for simplified recordkeeping reasons.
Taxes March 24, 2026
Can a Taxpayer Recover Attorney Fees When Challenging the IRS?
Even if you’re the prevailing party in the matter, you still must pay the tab if the IRS shows that it was substantially justified in taking its position.
Taxes March 10, 2026
Law Professor Learns Harsh State Income Tax Lesson
A law school professor working from home contested a state law requiring him to pay tax to a different state than the one where he resides.
IRS March 2, 2026
Tax Court Grants Tax Relief for Unknowing Spouse
If a married couple files a joint tax return, they are “in it together” as far as federal income tax liability is concerned. However, as shown in a new case, an “innocent spouse” may be entitled to equitable relief due to special circumstances.
Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Taxes January 19, 2026
Tax Court Halts Deduction for Conservation Easement
With a huge amount of tax dollars at stake, it is important to strictly adhere to the rules for qualified appraisals. Don’t be overly greedy.
Special Section: Guide to 2025 Tax Changes January 15, 2026
How Trump Savings Accounts Work in the New OBBBA
The IRS has yet to issue in-depth guidance on Trump accounts, but we have provided an outline of some basic rules below.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
