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.
IRS April 11, 2025
IRS Probationary Employees Told Not to Come Back to Work on April 14 After All
Thousands of newer IRS workers—told to return to their jobs on April 14 after being laid off by the Trump administration in February but reinstated and put on paid administrative leave in March—will remain on leave after two court decisions this week paused plans to bring them back to the office.
Taxes April 11, 2025
Trump Signs Bill Blocking IRS Crypto Tax Reporting Rule Biden Supported
President Donald Trump signed legislation to block an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.
Taxes April 10, 2025
Minnesota to Consider Tax on Social Media Platforms
Large social media platforms like Facebook, Instagram, TikTok, and X would pay a tax on the collection of user data, which they sell to advertisers.
Taxes April 10, 2025
What is the Average Tax Refund Amount in Your State?
The average federal tax refund amount varies widely across states, with the highest refunds for taxpayers located in parts of the South and Mountain West, according to a new analysis from Upgraded Points.
Taxes April 10, 2025
House Delays Vote on Tax and Debt Limit Bill
Lawmakers have until the end of the year to act before those first-term tax cuts expire, though Republican leaders are anxious to quickly lock in a new round of reductions and the conflict over safety-net cutbacks presents an obstacle.
Taxes April 9, 2025
Americans Who Say Their Taxes Are ‘Fair’ Reaches Near Record Low, Gallup Finds
More Americans believe what they pay in federal income taxes to the IRS is unfair, as tax fairness nearly reaches an all-time low, according to a new Gallup poll.
IRS April 9, 2025
Acting IRS Chief to Leave After Agency Makes Immigrant Tax Data-Sharing Deal with DHS
Melanie Krause, who took over as acting IRS commissioner in February, is stepping down after the agency reached an agreement with the Department of Homeland Security to share the data of immigrants in the U.S. illegally to assist with immigration enforcement.
Financial Planning April 9, 2025
AICPA Offers Suggestions on New Generation-Skipping Transfer Regs
These relief provisions are designed to provide a safety net for taxpayers, ensuring that their estate planning and tax strategies can be effectively implemented even if initial errors are made.
Taxes April 8, 2025
Republicans Float Idea of a Top Tax Rate of 40% for Millionaires
Republicans are reportedly mulling the idea of creating a new top tax rate that would be around 39% to 40% as a way to offset some of the costs of their tax package.
Taxes April 8, 2025
How Much Do the Top 1% Pay in Taxes in Each State?
The total income tax for the top 1% is more than $50 billion in four states, according to a GOBankingRates report—California ($122 billion), Florida ($96 billion), Texas ($81 billion), and New York ($79 billion).
Taxes April 7, 2025
ICYMI, the IRS Gave Taxpayers in 12 States a Pass on Filing Their Taxes on Time
The IRS issued a reminder on April 4 that those who are filing from areas where disaster declarations took place in 2024 get until May 1 to file.
Taxes April 7, 2025
Trump Tax Cut, Debt Limit Plan Advances Despite Tariff Turmoil
The Senate passed a measure April 5 that allows congressional Republicans to craft legislation to extend Trump’s 2017 tax cuts for individuals and closely held businesses that expire at the end of 2025.