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.
Accounting April 16, 2026
Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme
Edward Sodlosky, 72, was sentenced in federal court in New Haven to three months in prison and one year of supervised release for tax evasion. He was also ordered to pay a $50,000 fine.
Small Business April 16, 2026
Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax
One therapist's Business Income and Receipts Tax increased to more than $5,700 this year. "It exorbitantly affects my business," she said.
Taxes April 15, 2026
IRS Reminds Tax Pros About the Alternative Media Center
Tax professionals and their clients can access hundreds of tax forms, instructions, and publications in alternative formats through the IRS Alternative Media Center, the tax agency said earlier this month.
Taxes April 15, 2026
IRS Launches New Text Chat for Taxpayers Outside the U.S.
The IRS said earlier this month that it has launched a live text chat, a no-cost alternative to the traditional toll telephone line for international taxpayers.
Taxes April 15, 2026
How the Biggest COVID Fraudster in the Country Swindled His Tax Clients, Too.
New Jersey tax preparer Leon Haynes ran what prosecutors called the largest COVID-19 tax relief fraud case ever tried in the U.S.
Taxes April 15, 2026
Ex-Connecticut Tax Preparer Gets 18-Month Prison Sentence for Filing $1.06M in False Returns
Diana Miller-Lloyd, 45, of Port Orange, FL, who was convicted of preparing false tax returns while running a Connecticut-based tax preparation business, was sentenced Tuesday to a year and six months in prison.
Taxes April 14, 2026
As Tax Day Nears, Average Refund Nowhere Close to Trump’s Projected $1,000 Increase
The latest IRS data from the 2026 tax season, released last week, shows the average refund is up but is nowhere close to the numbers touted by the White House.
Taxes April 14, 2026
New Tax Rule Raises the Stakes for Gamblers, CPAs Say
A change in federal tax law taking effect this year could leave some gamblers owing taxes even when they lose money by limiting how much they can deduct in losses when they file their tax returns.
Taxes April 14, 2026
3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier
To help investors get ahead, the founder of a crypto tax platform urges users to take proactive steps this year to avoid hefty IRS penalties next year.
Taxes April 14, 2026
Number of Millionaire Taxpayers Jumped in New York in 2024
Millionaires accounted for fewer than 1% of all taxpayers in New York in 2024, according to the state. But they paid more than 44% of all personal income taxes.
Taxes April 13, 2026
Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy
Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.
Taxes April 13, 2026
IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods
Taxpayers who live in or have a business in 16 counties in Washington state have until May 1 to file federal and business tax returns and make payments, the IRS said.