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.
IRS February 9, 2026
IRS Rolls Out New Enhancements to Tax Pro Account
The IRS has expanded Tax Pro Account, unveiling business-level digital capabilities for tax practitioners who work in tax preparation companies, accounting firms, or other organizations, the agency announced on Feb. 9.
Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes February 6, 2026
IRS Says Tax Relief Available for Those Affected by Severe Storms in Montana
The IRS this week announced tax relief for individuals and businesses in Montana affected by severe wind storms and flooding that occurred the second and third weeks of December 2025.
Taxes February 5, 2026
Bessent Says Taxpayers Will Foot the Bill if Trump Wins $10 Billion IRS Lawsuit
The revelation came Thursday during a Senate Banking Committee hearing where Treasury Secretary and Acting Commissioner of the Internal Revenue Service Scott Bessent testified.
Sales Tax February 5, 2026
Ohio Gov. DeWine Warns Sales Tax Could Hit 20% if Property Taxes Abolished
If a proposed constitutional amendment abolishing property taxes were to pass, Ohioans may see sales taxes skyrocket into the double digits, Gov. Mike DeWine said Thursday morning.
Taxes February 5, 2026
House Advances Measure to Block D.C. Tax Code Decoupling
Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.
Taxes February 4, 2026
WARNING: TikTok, Insta and Other Social Tax Advice is So Bad, It Can Lead to Fines or Handcuffs
Many fraudulent tax schemes have been circulating on social media, promoting misuse of tax credits or deductions that most taxpayers don’t qualify for.
Taxes February 4, 2026
Union Leaders, Activists Sue to Block Vote on Massachusetts Income Tax Cut
The lawsuit claims the wording of signature petitions to qualify for the ballot were "misleading and deceptive" because it didn't mention the cuts would cover all three categories of income taxes, including capital gains taxes paid by businesses.
Sales Tax February 3, 2026
Sales Tax Rates Changed at Record Pace in 2025
A new report by Vertex, a provider of indirect tax solutions, shows that 2025 was one of the most active and complex years in more than a decade.
Taxes February 3, 2026
Washington Gov. Bob Ferguson Says He Can’t Support ‘Millionaire’s Tax’ Bill Without Changes
In a long-anticipated bill, which is getting formally introduced this week, legislative Democrats are proposing a 9.9% tax on annual earnings of more than $1 million starting in 2028.
IRS February 2, 2026
Government Shutdown Could Slow Some Income Tax Refunds, Says IRS
Core tax systems remain operational during a shutdown, meaning Americans can still file their tax returns and receive refunds, according to the Internal Revenue Service.
Sales Tax February 2, 2026
Here’s Why Louisiana Has the Country’s Highest Combined Sales Tax Rates
For the third year in a row, Louisiana has the highest average combined state and local sales tax rate in the country at 10.11%, according to a new report from the Tax Foundation.