Taxes May 15, 2026
Tax Day may have passed weeks ago, but Washington residents living in areas affected by storms, flooding and landslides late last year are getting yet another extension.
Taxes July 4, 2025
President Donald Trump held an outdoor signing ceremony at the White House on Friday, formally enacting a major tax and spending bill that passed through the Senate and House earlier in the week.
Income Tax July 3, 2025
The adoption of an electronic system for federal disbursements and receipts would increase efficiency, reduce costs, and significantly diminish the occurrence of lost or stolen checks.
AICPA July 1, 2025
The U.S. Senate passed its reconciliation bill earlier today, which removes the limit on pass-through businesses’ state and local tax (SALT) deductions entirely, generating optimism for those affected businesses.
Taxes June 29, 2025
The bill’s cost has been a big problem for fiscal conservatives. It has faced several obstacles in the Senate as lawmakers have demanded conflicting changes.
Payroll June 26, 2025
The personal finance website GoBankingRates analyzed state and federal data from the Tax Foundation for 2024 to assess what a $100,000 income looks like in each state.
Taxes June 25, 2025
Despite calling this past tax filing season one of the most successful in recent memory, National Taxpayer Advocate Erin Collins warned there are potential risks heading into the 2026 tax season and that "it is critical that the IRS begin to take steps now to prepare."
Taxes June 25, 2025
The agency said it's aware of a delay in processing some electronic payments and that some taxpayers are receiving IRS notices indicating a balance due even though payments were made on time.
Taxes June 23, 2025
Victims of severe storms that produced flooding and damaging winds in areas of Texas and Mississippi in mid- to late March have more time to file various federal individual and business tax returns and make tax payments, the IRS said.
Taxes June 23, 2025
Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.
Income Tax June 23, 2025
The tax shelter involved concealing income and creating false tax deductions through the use of a so-called business trust, family trust, charitable trust and a private family foundation.
Taxes June 17, 2025
Despite changes from the Tax Cuts and Jobs Act (TCJA), military personnel may still claim a deduction for job-related moving expenses. But simply working for the armed forces doesn’t command a deduction.
Taxes June 17, 2025
The proposal, which follows the House’s narrow passage of its own version in May, includes sweeping changes to the tax code.