Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
Taxes September 1, 2026
Pelosi Avoids Billionaire Tax Vote as Wealth Tax Turns Toxic in San Francisco
California's billionaire tax proposal is splintering the state's Democratic Party, with party leaders opposing the wealth tax even as voters, and especially young voters, appear eager to increase taxes on the rich.
Taxes September 1, 2026
Attorney Points to 6,700 Wrongfully Notified in NYC Pied-à-Terre Tax Rollout
The city initially sent notices to 17,000 homeowners indicating they might owe the second-home property tax surcharge.
Taxes September 1, 2026
Illinois Tax Preparer Sentenced, Ordered to Pay $700K for Filing False Returns
A federal judge sentenced Dormeshia A. Haire of Belleville, IL, to three years in prison and ordered her to pay more than $700,000 in restitution after she admitted to filing false tax returns for years.
Payroll September 1, 2026
American Airlines Says It Will Match $1,000 for Trump Accounts
In addition to matching the initial one-time $1,000 federal investment employees who have children with the accounts, American Airlines will allow employees to annually contribute $2,500 pre-tax.
Mergers and Acquisitions August 31, 2026
Springline Advisory Snaps Up Advisory Firm in Wisconsin
INSIDE Public Accounting top 60 firm Springline Advisory has acquired Vesta, a Fond du Lac, WI-based advisory firm offering accounting, wealth management, and advisory services.
Mergers and Acquisitions August 31, 2026
BGM Adds John T. Chipman & Co. in Massachusetts
Minneapolis-based BGM, an INSIDE Public Accounting top 200 firm, is merging in John T. Chipman & Co., an accounting and advisory firm based in Norwood, MA.
IRS August 31, 2026
Ohio Couple’s Five-Month Refund Wait Puts a Face on Nationwide IRS Staffing Cuts
Monnie and Bob Johnston of Brunswick, OH, who are both CPAs, haven't been able to get straight answers from the IRS about the status of their tax refund, five months after they filed their return.
IRS August 31, 2026
DOJ Balks at Demands for Details on Trump’s Deal in IRS Case
The U.S. Justice Department is pushing back on requests for information about how it resolved President Donald Trump's $10 billion lawsuit against the Internal Revenue Service.
Benefits August 31, 2026
‘Bernie Bump’: Social Security Recipients Could Get Extra $200 a Month Under Proposed Bill
Sen. Bernie Sanders, I-Vermont, introduced the "Social Security Expansion Act." Under the terms of the bill, current Social Security recipients will receive an extra $200 a month.
Taxes August 31, 2026
How North Carolina’s Income Tax Rate Compares to Its Neighbor States, as Voters Consider Cap
North Carolina voters will get to decide in November whether to cap their personal income tax rate at 3.5%. So how does North Carolina’s personal income tax rate compare to its neighbors?
Legislation August 31, 2026
New York, Vermont Senate Democrats Plan to Introduce Bill to Repeal Tariffs
U.S. Sens. Kirsten Gillibrand, D-N.Y., and Peter Welch, D-Vt., announced the Banning Antiquated Duties and Delivering Equitable American Levies Act to repeal existing tariffs, including tariffs on Canadian imports.
Taxes August 31, 2026
Los Angeles Rapper Arrested in $8.1 Million Stolen Tax Refund Check Scheme
Ada William Obayuwana of Quartz Hill, CA, who goes by "ColdheartedAC" and "AC," was arrested on Wednesday and charged in connection with a multimillion-dollar check-cashing scheme, according to the U.S. Department of Justice.