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.
Taxes October 27, 2026
No Tax Relief for These Casualty Loss Victims
If a loss is suffered in a federal disaster area, an individual may claim the loss on the tax return for the year preceding the year of the event.
Taxes November 18, 2026 Sponsored
CPE / IRS CE Webinar: Amended Individual Returns: Form 1040-X, Filing Rules & Best Practices
Amending an individual tax return requires careful attention to timing, documentation, filing requirements, and taxpayer expectations. This webinar explains common reasons returns must be corrected, the key differences between amended and superseded returns, and the requirements for filing Form 1040-X.
Financial Reporting October 25, 2026
2026 Year-End Tax Planning Tips – How to Boost Your 2027 Income Tax Refund (Or Reduce What You Owe)
October and early November is the best time to take actions that can reduce your tax bill or increase your 2027 income refund.
Income Tax October 24, 2026
A Corrected Tax Document Arrived After Review. What Needs to Reopen?
The operational question is not whether the upload succeeded. It is whether the change reached the person responsible for deciding what happens next.
Taxes October 24, 2026
Offer in Compromise, Installment Agreement or Currently Not Collectible: Helping Clients Pick the Right IRS Path
An offer in compromise is the right tool for a smaller group of clients than most people think.
Taxes October 23, 2026
CCH Axcess Adds Agentic AI for Tax Preparation
Agentic tax preparation helps firms reduce repetitive preparation work, increase capacity, and give tax professionals a stronger starting point for review.
Taxes October 23, 2026
Tax Court Tears Down Deductions for Historic Structure Easements
Specifically, a taxpayer may be able to write off the value of the conservation easement for any one of these reasons.
Taxes October 23, 2026
Denver Judge Rules Graduated Income Tax Can Stay on Colorado Ballot
A Denver District Court judge ruled Wednesday that the measure to change Colorado’s flat rate into a graduated income tax can stay on the November ballot, though the legal challenge is far from over.
Taxes October 22, 2026
Meta Strikes Deal with Zuckerberg to Keep Him in California Over Billionaire Tax
Meta negotiated a new stock deal to keep CEO Mark Zuckerberg in the state in case the wealth tax passes.
Taxes October 22, 2026
‘Millionaires Tax’ Repeal Would Threaten Childcare Subsidies, Washington Gov. Warns
Washington Gov. Bob Ferguson warned Tuesday that repealing Washington’s new “millionaires tax” would make childcare even less affordable for all families.
Taxes October 22, 2026
New York Quadruples Tax Credits for Volunteer Firefighters and Ambulance Workers
The legislation will increase the annual personal income tax credit from $200 to $800 for individuals and from $400 to $1,600 for married couples beginning in tax year 2027.
Taxes October 21, 2026
Don’t Try to Skip Reporting on Retirement Distributions
The IRS doesn’t take kindly to arguments that IRA and qualified plan recipients are not aware of their responsibilities.