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Article

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 28, 2026  

How Local CPA Firms Can Boost Business by Building a Strong Digital Presence

July 28, 2026  

Column: Illinois Ordered an Audit of AI Developers. Who Will Do It?

July 27, 2026  

Chattanooga Church Pushes Republican Candidates, Possibly Violating Tax Law

July 27, 2026  

Ex-Defense Finance and Accounting Service Worker Found Guilty of Threatening Boss After Firing

July 27, 2026  

54% of Gen X Say Caregiving Fuels Workplace Burnout
 Social Security is Temporarily Closing Locations: Is Yours One of Them?

Benefits April 21, 2026 

Social Security is Temporarily Closing Locations: Is Yours One of Them?

A new Social Security Administration notice is raising questions about how Americans access their local Social Security offices. Here's what you should know before you go.

New York Congressman’s Legislation Would Allow Tax Deductions on Utility Bills

Taxes April 21, 2026 

New York Congressman’s Legislation Would Allow Tax Deductions on Utility Bills

The No Taxes on Utility Bills Act, introduced by Rep. John Riley (D-NY), would allow U.S. taxpayers to deduct all taxes and state-mandated surcharges included on gas and electric bills.

‘A Complete Scam’: Sen. Tommy Tuberville Again Blasts Social Security

Benefits April 21, 2026 

‘A Complete Scam’: Sen. Tommy Tuberville Again Blasts Social Security

On April 16, an X account asked users to “name a huge scam that has been normalised.” On his official account, Tuberville responded, "Social Security."

The Real AI Story in Tax and Audit Isn’t Adoption — It’s Impact

Taxes April 21, 2026 

The Real AI Story in Tax and Audit Isn’t Adoption — It’s Impact

First came the fear and predictions that automation would hollow out the profession. Then came the skepticism.

Gov. Pritzker’s Wager on a Sports-Betting Tax in Illinois is Paying Off So Far

Taxes April 21, 2026 

Gov. Pritzker’s Wager on a Sports-Betting Tax in Illinois is Paying Off So Far

Some Illinois legislators are seeking to repeal the new per-wager tax on online sportsbooks. But that legislation will go nowhere as long as the state remains in dire financial straits.

 Here’s How Maine’s New Millionaire Tax Will Work

Taxes April 21, 2026 

Here’s How Maine’s New Millionaire Tax Will Work

Starting next year, Maine will put a 2% tax on income over $1 million for single filers and $1.5 million for joint filers. It's expected to generate $74 million per year.

 Factory Workers Demand Nike Pay Higher Oregon Taxes and Wages

Taxes April 21, 2026 

Factory Workers Demand Nike Pay Higher Oregon Taxes and Wages

“We’re done with you making billions off our backs,” says a Sri Lankan garment worker in a roughly 90-second video posted on social media that demands a contract with Nike for “fair wages and fully funded schools.”

 The Worst Thing Small Businesses Can Do with Their Tariff Refund

Small Business April 21, 2026 

The Worst Thing Small Businesses Can Do with Their Tariff Refund

A finance expert urges small businesses to avoid making these four mistakes once they receive their tariff refund.

Illinois CPA Society Names 2026 Award Recipients

State CPA Societies April 21, 2026 

Illinois CPA Society Names 2026 Award Recipients

ICPAS will formally recognize the following honorees at the Leader Recognition & Awards Dinner in Chicago on June 18, 2026:

Isaac M. O'Bannon

Income Tax—a Hot Issue in New Hampshire Statehouse, Campaign

Income Tax April 21, 2026 

Income Tax—a Hot Issue in New Hampshire Statehouse, Campaign

Republicans, including Gov. Kelly Ayotte, back enshrining an income tax ban in the New Hampshire constitution.

 Are Higher Income Taxes on Illinois Legislators’ Political Agenda?

Income Tax April 21, 2026 

Are Higher Income Taxes on Illinois Legislators’ Political Agenda?

D-Day is May 3, the last day super-majority legislative Democrats in Springfield can vote to put an amendment eliminating the Illinois Constitution's flat-tax mandate on the November ballot.

Trump Administration Opens Process of Refunding $166 Billion in Tariffs

Small Business April 20, 2026 

Trump Administration Opens Process of Refunding $166 Billion in Tariffs

U.S. Customs and Border Protection activated a new claims system on Monday for importers seeking repayments of tariffs collected under the International Emergency Economic Powers Act.

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