Taxes March 18, 2026
Average Tax Refund in 2026 Now at $3,676 as Filing Deadline Nears
The average tax refund is up by more than $350 year-over-year according to data released by the IRS for the week ending Feb. 28, 2026.
Taxes August 22, 2025
Georgia Senate Looks at Eliminating State Income Tax
Georgia legislators have been reducing the individual and corporate income tax rate for years — it will fall to 5.19% this year under a law signed by Gov. Brian Kemp in April.
Taxes August 15, 2025
New OBBBA Tax Law Shakes Up SALT Deduction Rules
For the next few years, the new One Big Beautiful Bill Act (OBBBA) lifts the cap on annual SALT deductions from $10,000 to $40,000, paving the way for more itemizers to claim this write-off.
Accounting Technology Lab Podcast August 14, 2025
AI Innovations in the Tax Profession – The Accounting Technology Lab Podcast – August 2025
Brian Tankersley, CPA, and Randy Johnston, discuss new AI innovations in the tax preparation, planning and strategy space, and how tax pros and advisors are using them. Watch the video, listen to the audio, or read the transcript. Or use the below podcast player to listen:
Taxes August 14, 2025
IRS Scraps Kiosks at Taxpayer Assistance Centers After Many Were Found to Be Broken
The IRS is shutting down its self-service kiosk program at Taxpayer Assistance Centers after the Treasury Inspector General for Tax Administration expressed concerns to the agency that several of the computer terminals were unusable.
Taxes August 13, 2025
Nevada Dems Seek Clarification from Treasury Department on ‘No Tax on Tips’ Policy
In a letter, Democratic members of Nevada’s federal delegation urged the Treasury Department to address possible shortfalls of the One Big Beautiful Bill Act's "no tax on tips" provision as it’s implemented.
IRS August 12, 2025
IRS Doled Out $123.5 Million to Whistleblowers in FY 2024
The total dollar amount of awards paid increased substantially from $88.8 million in fiscal year 2023. The total number of awards in FY 2024, however, decreased from 121 in FY 2023 to 105 in FY 2024.
Taxes August 12, 2025
IRS Gives Tax Filing Deadline Extension to Victims of June West Virginia Flash Floods
The IRS has extended the filing deadline to Feb. 2, 2026, for individuals and businesses in two West Virginia counties that were devastated by flash flooding from torrential rains in mid-June that left at least six people dead.
Taxes August 11, 2025
These States Have the Highest Share of Homeowners Who Would Benefit if Trump Scraps Capital Gains Tax
The biggest potential beneficiaries are those who have already built considerable wealth through their property, and they mainly come from states where home prices are high and have increased quickly, according to a Redfin report.
OBBBA Tax Act August 7, 2025
IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025
The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.
Taxes August 5, 2025
Ted Cruz Pushes to Save Poker Pros From Surprise Tax Hit in Trump’s One Big Beautiful Bill Act
The Republican Texas senator has joined with Nevada Democrats on legislation to restore the full deductibility of losses, saying it’s a matter of basic fairness for professional players who depend on their winnings to pay their bills.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Taxes August 5, 2025
Kiddie Tax 101: What Is It, How Does It Work, and Who Has to Pay It?
The kiddie tax was established almost 40 years ago to prevent parents from avoiding taxes by transferring large gifts of investment assets to their children.