Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Accounting December 3, 2025
Former Accounting Exec Busted for Allegedly Cheating the IRS, Getting Paid Under the Table
Stephen Hochberg, 77, who was an accounting and real estate executive in Sudbury, MA, was recently charged by the feds and has agreed to plead guilty to perpetrating the multi-year scheme.
Taxes December 2, 2025
What Would the U.S. Look Like Without Income Tax? Trump Says We’re About to Find Out
President Donald Trump made the bold claim about an income tax-free America during a Dec. 2 Cabinet meeting, after touting the impact of his trade policies and potential “dividend” stimulus checks.
Taxes December 1, 2025
Trump Renews Call to Eliminate U.S. Income Tax Completely Due to Tariff Revenue
Citing the "hundreds of billions of dollars" the U.S. is receiving in tariff revenue, President Donald Trump said his administration could completely eliminate the income tax in the U.S. over the next couple of years.
Taxes December 1, 2025
Coming in 2026: A Battle Over California Billionaire Tax Proposal
The measure, which was filed with the attorney general’s office in October and opposed by Gov. Gavin Newsom, would impose a one-time 5% tax on Californians with assets worth $1 billion or more.
Taxes December 1, 2025
Hunter Biden Could Be Disbarred in Connecticut Over Tax, Gun Convictions
The son of former President Joe Biden has been a member of the bar in Connecticut since 1997, a year after graduating from Yale Law School.
Taxes December 1, 2025
Northwest Region Leads on Tax Competitiveness, with One Glaring Exception
The latest numbers from the Tax Foundation show that Wyoming is the most taxpayer-friendly state, Montana is 6th, and Idaho is 9th. But Washington coming in near last at 45th is a cause for concern.
Income Tax November 27, 2025
IRS Income Tax Refund Schedule for 2026 – When Will You Get Your Refund?
An easy calendar with no log-in or financial data needed to see an estimate of when you may receive your income tax refund, based on when you file.
Taxes November 26, 2025
Sen. Jim Justice to Pay $5.2M in Overdue Taxes After DOJ Suit
The Republican senator from West Virginia and his wife owed the $5.2 million going back to at least 2009. The Justice Department sued Nov. 24 to collect the money, and the Justice family agreed hours later to pay up.
Taxes November 23, 2025
If Georgia Eliminates the Income Tax, There Are Costly Tradeoffs to Consider
With this complex issue, the state needs to proceed with caution and learn from what happens in states without an income tax, a professor of economics says.
Taxes November 21, 2025
IRS Issues Guidance for Workers Who Received Tips or Overtime in Tax Year 2025
The Treasury Department and the IRS issued guidance on Nov. 21 for employees who are eligible to claim the deduction for tips and for overtime compensation under the One Big Beautiful Bill Act for the 2025 tax year.
Taxes November 21, 2025
IRS Scam: FTC Sues Tax Debt Relief Company, Claims It Was ‘Pocketing Millions’ and Threatening Taxpayers
The Federal Trade Commission recently filed a joint lawsuit with the state of Nevada against American Tax Service as well as its owners and seven affiliated parties for making false claims that they could help taxpayers with their debts.
Accounting November 21, 2025
Connecticut Accountant Admits to Evading More Than $400,000 in Taxes
Edward Sodlosky, 71, of Middlebury, CT, failed to report almost $1.4 million in additional income, resulting in a tax loss to the government of more than $400,000, authorities said.