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 March 19, 2025
Child Tax Credits, a Longtime Liberal Priority, Find Favor in Republican States
If an Indiana or Ohio bill passes, it would mark the first time a GOP-led state implemented a refundable child tax credit.
Taxes March 18, 2025
Michigan House OKs Cut to State’s Personal Income Tax Rate
The Michigan House on Tuesday voted 65-43 to lower the state's income tax rate from 4.25% to 4.05%, with several Democratic lawmakers joining Republicans in support of the measure.
Taxes March 18, 2025
Gen Zers and Millennials Panic the Most About Taxes, Survey Finds
A new survey from CNET reveals that 44% of tax filers have anxieties and fears about filing their taxes, with Gen Z and millennials freaking out the most at 51% and 48%, respectively.
Taxes March 18, 2025
2025 Tax Changes Could Upend Clients’ Financial Goals, CFPs Warn
With key Tax Cuts and Jobs Act provisions set to expire at the end of this year, most Certified Financial Planner professionals say clients' retirement and financial plans could be at risk, according to new research by the CFP Board.
Tax Planning March 18, 2025
The Death of a CPA: What Happens to the Firm? Time to Make a Plan
You will die one day. What if it happens before you retire? CPAs should have a formal succession plan that addresses how the sale or termination of the practice (retirement, incapacity, or death) will be handled.
Taxes March 18, 2025
Illinois Doctor Pleads Guilty to Evading Approximately $1.6M in Taxes
An Illinois doctor has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes, penalties, and interest.
Taxes March 18, 2025
AICPA Tells Senate Its 2025 Tax Priorities
The tax priorities letter focuses on a select number of provisions that the AICPA is immediately focused on due to their possible consideration as part of the upcoming 2025 tax legislative process.
Taxes March 15, 2025
Trump Signs Short Term Spending Bill to Avoid Government Shutdown
President Donald Trump signed a stopgap funding bill that will keep the government open for the remainder of the fiscal year, paving the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.
Taxes March 14, 2025
Trump Mulls Eliminating Income Taxes for People Who Earn Less Than $150,000
In a Tuesday night CBS interview with U.S. Commerce Secretary Howard Lutnick, the federal official stated President Trump hopes to eliminate income taxes for people who earn less than $150,000 a year.
Taxes March 14, 2025
Oz Reportedly Underpaid Social Security and Medicare Taxes in 2022 and 2023
President Trump's pick to lead the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz, is set to have his confirmation hearing before senators on Friday, a day after reports surfaced that he may have “significantly” underpaid Social Security and Medicare taxes in recent years.
Income Tax March 13, 2025
Online Tax Advice Can Lead to IRS Trouble and Criminal Charges
The IRS has long warned taxpayers of scams targeting them and their personal and financial data, particularly around tax season.
March 13, 2025
Florida Sheriff’s Deputies Get Light Sentence for $41,000 PPP Scam
A federal judge on Wednesday gave the deputies strikingly lenient sentences after finding them guilty of falsifying their Paycheck Protection Program applications.