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 March 25, 2025
Records show Teresa Giudice owing a sum of $303,889.20 and husband Luis Ruelas owing nearly $2.6 million. Ruelas was issued another tax lien back in December for an amount of $163,523.94.
Income Tax March 25, 2025
This requirement generally applies to 401(k) and 403(b) plans established after Dec. 29, 2022, the date the SECURE 2.0 Act became law, with exceptions for new and small businesses, church plans, and governmental plans.
Taxes March 24, 2025
A wealth tax could bring states a lot of revenue. But voters don’t like it, even though few of them would have to pay.
Taxes March 24, 2025
The number of tax returns that have been filed with the IRS is down 1.7% compared to this time last year, but the average tax refund amount is up 5.2% according to the agency's latest 2025 tax season data.
Taxes March 20, 2025
The Trump administration acknowledged on March 19 in federal court that it is seeking confidential information from the IRS on immigrants, which could result in the deportation of undocumented immigrants.
Taxes March 19, 2025
Cryptocurrency gains, remote work tax implications, and NFT reporting rules are among the many topics taxpayers are asking accountants questions about this tax season, according to new data from expert platform JustAnswer.
Taxes March 18, 2025
A new survey from CNET reveals that 44% of tax filers have anxieties and fears about filing their taxes, with Gen Z and millennials freaking out the most at 51% and 48%, respectively.
Tax Planning March 18, 2025
You will die one day. What if it happens before you retire? CPAs should have a formal succession plan that addresses how the sale or termination of the practice (retirement, incapacity, or death) will be handled.
Taxes March 18, 2025
An Illinois doctor has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes, penalties, and interest.
Taxes March 18, 2025
The tax priorities letter focuses on a select number of provisions that the AICPA is immediately focused on due to their possible consideration as part of the upcoming 2025 tax legislative process.
Taxes March 17, 2025
A new poll from marketing research firm Savanta reveals that a strong majority of Americans want tax reform, with 70% saying they prefer a simpler tax code instead of the current overcomplicated and stressful U.S. tax system.
Taxes March 17, 2025
In total, the agency has sent out more than 43.6 million refunds to taxpayers, up 1.5% compared to March 8, 2024. The average refund amount sits at $3,324—5.7% higher than last year.