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 October 17, 2025
Chicago Mayor Pitches Head Tax Revival in 2026 Budget He Says Targets the ‘Ultra-Rich’
After a bold corporate payroll tax hit legal snags, Brandon Johnson pitched his $21-per-employee tax on corporations as the next frontier in his largely-stalled economic agenda.
Technology October 30, 2025 Sponsored
Archived Webcast: DIGITAL MEETS PERSONAL: Why Your Firm Still Needs to Pair People with Tax Automation
Clients want a digital tax experience that’s fast and easy. But they want it with a human element. How can your firm thread that needle? By integrating solutions that automate and simplify the most time-consuming and dreaded parts of the tax process—intake, signatures, deadline reminders, etc.—while also promoting clear and easy communication with features like…
Income Tax October 16, 2025
Income Taxes and Puerto Rico – Feds Increase Scrutiny of Residency: 2025 Update
Recent cases show that federal prosecutors have subpoenaed client files from a major law firm, signaling that investigators are reviewing taxpayers’ actions and also the advice and documentation prepared by advisers.
Taxes October 16, 2025 Sponsored
How to Implement AI in Your Tax and Accounting Firm
By making workflows efficient and eliminating repetitive, time-consuming tasks, AI allows firms to be future-ready.
Taxes October 15, 2025
Inside the Debate Over ACA Tax Credits That is Driving the Government Shutdown
Republicans contend that extending the premium tax credits is a complex task with a lot of moving parts that need to be addressed. But Democrats point out that those bills are already in the mail. Enrollment begins on Nov. 1.
Taxes October 15, 2025
‘Bitcoin Jesus’ to Pay Nearly $50M to Settle Tax Evasion Case, Feds Say
Roger Ver, an early bitcoin investor, will pay nearly $50 million in back taxes, penalties, and interest stemming from his willful failure to properly report his bitcoin holdings on tax returns, the Department of Justice said Oct. 14.
Marketing October 15, 2025
2025 Year-End Tax Marketing Tips: Standing Out When It Matters Most
As the year wraps up, your clients are probably thinking about bonuses, holiday plans, and taxes. That means it’s the perfect time for your accounting firm to stay top of mind.
AICPA October 14, 2025
AICPA Recommends Relief Measures to Mitigate Negative Impact of Shutdown on Taxpayers and Practitioners
The AICPA is recommending relief measures that are fair, reasonable and practical to mitigate the negative impact of the shutdown on taxpayers and practitioners.
IRS October 13, 2025
IRS Among Federal Agencies Hit with RIFs as Shutdown Continues
Reduction-in-force notices were sent to more than 1,400 Treasury Department employees, many of whom work at the IRS, on Oct. 10 as the Trump administration acted on its threat of ordering mass layoffs at several federal agencies in response to the government shutdown.
Taxes October 9, 2025
IRS Adjusts Tax Brackets, Standard Deduction for 2026
The IRS on Oct. 9 published the tax year 2026 inflation adjustments for more than 60 tax provisions, including updated tax brackets and standard deduction.
General News October 9, 2025
U.S. Budget at $1.8 Trillion Deficit, Despite Tariffs
The federal government logged a $1.8 trillion budget deficit for the 2025 fiscal year, little changed from 2024 despite a surge in tariff revenues, according to the Congressional Budget Office.
IRS October 8, 2025
IRS Furloughs Nearly 35,000 Employees, Says Most Operations Closed
In an updated contingency plan on Oct. 8, the Treasury Department indicated that 39,870 IRS workers, or 53.6% of the agency's total employee population of 74,299, are designated "exempt" and are expected to continue working during the shutdown.