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.
Taxes November 6, 2025
IRS Income Tax Refund Schedule for 2026 – Tax Refund Calendar
This chart makes it easy to estimate when you will likely get your income tax refund, based on when and how you file. No form entry required.
Taxes November 5, 2025
IRS Says Direct File Won’t Be Around for 2026 Tax Filing Season
In an email sent to comptrollers in the 25 states that partner with the agency on Direct File, the IRS said the program won't be provided next year and "no launch date has been set for the future."
Taxes October 31, 2025
Major Life Events Prompt More Americans to Turn to Tax Preparers for Advice, Survey Finds
A survey commissioned by TaxSlayer Pro found that while most people still file their own taxes, the data suggests that many hand things over to a tax professional once their life—and finances—become more complicated.
Taxes October 29, 2025
IRS Tax Lien Revealed Against Miami Heat’s Terry Rozier, Who Was Arrested in NBA Gambling Scandal
ESPN reported that the IRS filed a $8,218,211 federal income tax lien in Broward County, FL, where Rozier has a residence, against the Miami Heat guard in November 2023.
Taxes October 29, 2025
It’s PTIN Renewal Season: IRS Reminds Tax Pros of Deadline
To prepare and file taxes for other taxpayers, professionals must have a PTIN and renew it annually. The cost for the 2026 calendar year is $18.75.
Taxes October 28, 2025
IRS Data Shows Average Tax Refund Amount Up Nearly 2% From Last Year
With the Oct. 15 deadline for extension filers now in the rear-view mirror, the IRS last week released updated 2025 tax season statistics, which show a slight uptick in total tax returns received and the average tax refund amount compared to mid-October of 2024.
Taxes October 28, 2025
Mamdani-Like Contender Tests Seattle’s Breaking Point on Taxes
Katie Wilson, a community organizer, is challenging Seattle Mayor Bruce Harrell in a close mayoral election, proposing to raise taxes on companies and wealthy residents.
Taxes October 24, 2025
‘Billionaire Tax’ Ballot Measure Seeks to Avert California Health Care Collapse
A new campaign is underway in California to make the state’s wealthiest residents pay to help rescue its health care system, with organizers filing a ballot measure that would impose a one-time 5% tax on billionaires.
Taxes October 23, 2025
IRS Issues New FAQs on $20,000 Form 1099-K Threshold Under OBBBA
The Republican tax-and-spending law reverts the threshold for online sales reporting to $20,000 and 200 transactions per year, as it was before 2021. The provision is applied retroactively to the 2022 tax year.
OBBBA Tax Act October 23, 2025
The QBI Tax Deduction for Small Businesses Lives On – OBBBA Tax Law Changes
This is one of the most confusing provisions in the tax code and clients are likely to have plenty of questions. Keep them up to date on the latest developments and offer your services, when needed.
Taxes October 22, 2025
Here’s What the IRS Said About Tax Refunds During the Government Shutdown
The tax agency provided an update Tuesday on its website about the availability of certain IRS services during the stalemate, including whether refunds will still be sent to taxpayers.
Taxes October 22, 2025
AICPA Applauds the Passage of the IRS Math and Taxpayer Help Act
“The IRS Math and Taxpayer Help Act represents common-sense reform that enhances IRS operations and improves the taxpayer experience," Melanie Lauridsen, AICPA vice president of tax policy and advocacy, said Oct. 22.