Accounting February 19, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes July 24, 2025
IRS Slot Machine Jackpot Threshold is Going Up, Experts Say
The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates its rules.
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Taxes July 23, 2025
IRS Gives Tax Filing Relief to Those Impacted by May St. Louis Tornado
The IRS recently announced tax relief for individuals and businesses located in the city of St. Louis and St. Louis and Scott counties in Missouri after an EF3 tornado caused widespread destruction on May 16.
IRS July 22, 2025
IRS Workforce Has Shrunk 25% Since Trump Took Office
The IRS workforce has been slashed from approximately 103,000 employees in January when Donald Trump began his second term as president to 77,428 in May, with some of the biggest job cuts among tax examiners and revenue agents, according to a new TIGTA report.
Taxes July 22, 2025
Operation Needed to Claim Net Operating Losses
Prior to the Tax Cuts and Jobs Act (TCJA) NOLs could be carried back two years to offset taxable income before being carried forward for up to 15 years.
Taxes July 21, 2025
Trump Tax Law to Add $3.4 Trillion to U.S. Deficits, CBO says
The Congressional Budget Office score for the law, released July 21, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline.
Taxes July 21, 2025
IRS Extends Filing Deadlines for Taxpayers in 4 New Mexico Counties Following Severe Floods
Individuals and businesses with addresses in Chaves, Lincoln, Otero, and Valencia counties in New Mexico now have until Feb. 2, 2026, to file various federal tax returns and make tax payments.
Taxes July 18, 2025
Will the Elimination of Federal Tax Credit Significantly Hurt the Solar Industry?
Experts debate if the elimination of the 30% federal tax credit for residential rooftop solar installations will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.
Taxes July 18, 2025
Trump’s Auto Loan Tax Break Could Save Working-Class Buyers Thousands, Experts Say
A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028.
Taxes July 17, 2025
IRS Explains New Trump Tax Law Deductions for Workers, Seniors
The IRS released a fact sheet earlier this week describing new tax provisions—no tax on tips, no tax on overtime, no tax on car loan interest, and a deduction for seniors—in the One Big Beautiful Bill Act.
Taxes July 17, 2025
Trump Struggles to Market His Tax Law That 61% of Voters Oppose
President Trump, who built a career on savvy branding, has yet to convince the public that the law’s sweeping tax cuts and reductions to social safety-net programs are good policy.
Taxes July 17, 2025
When Do Trump Tax Law Changes Go Into Effect?
The GOP megabill staggers the rollout of its sweeping budget provisions, including tax breaks and social program cuts.