Taxes February 12, 2026
Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Taxes January 29, 2026
Some Taxpayers are Considering Not Paying – Think Again, Says Preparer
There's historical precedent for tax protests, but there are real-world consequences to not paying taxes that one Connecticut tax preparer said makes such a protest inadvisable.
Taxes January 29, 2026
Report: Massachusetts Income Tax Cut Could Cost State $5 Billion
Inching toward the Nov. 3 ballot is a proposal to reduce the state's personal income tax rate from 5% to 4% over three years, which backers say would save individual taxpayers an estimated $4,000 during that period.
Taxes January 28, 2026
Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams
New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.
Taxes January 28, 2026
After ‘Smooth’ 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year
As the IRS enters the 2026 tax season facing workforce reductions and implementing major tax law changes, National Taxpayer Advocate Erin Collins warns in a new report that taxpayers could encounter more challenges when filing their taxes this year.
Taxes January 27, 2026
IRS Issues FAQs About Trump Executive Order on Electronic Payments
The IRS released frequently asked questions on Tuesday regarding how an executive order from President Donald Trump will impact the way taxpayers receive tax refunds and make tax payments.
Taxes January 27, 2026
IRS Posts FAQs About New OBBBA Deduction for Overtime Pay
The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.
Staffing January 27, 2026
Avoiding ‘Too Little, Too Late’: How to Give Core Teams at CPA Firms Ample Support This Tax Season
These tips and practices can give your core team the best chance to deliver outstanding client service without burning out in the process.
Taxes January 27, 2026
2026 Tax Season Brings Financial Relief for Seniors
The One Big Beautiful Bill Act increased inflation adjustments for the standard deduction, and a new bonus senior deduction will allow tens of millions of seniors to save hundreds of dollars on their taxes this year.
Taxes January 26, 2026
Welcome to Tax Season 2026
The IRS today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.
Taxes January 26, 2026
Is California’s Proposed Billionaire Tax Smart Policy? History Holds Lessons
In the roiling debate over California's proposed billionaire tax, supporters and critics agree that such policies haven't always worked in the past. But the lessons they've drawn from that history are wildly different.
Taxes January 23, 2026
New Effort to Restore Gambling Loss Tax Deduction Busts in House
The House Rules Committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings.
Taxes January 23, 2026
NATP Unveils Credentialing Program for Tax Professionals
The National Association of Tax Professionals announced Thursday two credentials available for tax practitioners through its new professional credentialing program.