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Income Tax

Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players

Taxes March 13, 2026 

Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players

The tax could come into play on any free agent contract the Seahawks sign since the NFL minimum salary in 2026 for any player who has played one season is set at $1.005 million.

Featured Articles

March 13, 2026  

Opinion: Tax Breaks for Football Players? That’s Just the Beginning in the SEC

March 13, 2026  

Wyden Questions Changes to Postmark Rule as Tax, Election Deadlines Loom

March 13, 2026  

Washington Business Groups Worry About How ‘Millionaires Tax’ Could Affect Competitiveness

March 12, 2026  

Democrats Float Tax Relief Plans to Home in on Affordability

March 12, 2026  

IRS Updates Withholding Estimator to Include OBBBA Tax Changes
Republican Election Sweep Emboldens Trump’s Tax Cut Dreams

Taxes November 15, 2024 

Republican Election Sweep Emboldens Trump’s Tax Cut Dreams

The incoming Republican majorities in the House and Senate mean Trump can enact a tax bill without making concessions to Democrats.

Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says

Taxes November 14, 2024 

Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says

EAs with a Social Security number ending in 0, 1, 2, or 3 must renew their status before their current enrollment expires March 31, 2025.

Jason Bramwell

April Launches New Tax Filing Solution to Tackle Complex Financial Situations

Technology November 13, 2024 

April Launches New Tax Filing Solution to Tackle Complex Financial Situations

April introduced AprilPro, an AI-powered solution to meet the evolving needs of taxpayers who have intricate tax situations.

Jason Bramwell

Lower Taxes, Higher Tariffs: What Trump’s Tax Plans Mean For You

Taxes November 13, 2024 

Lower Taxes, Higher Tariffs: What Trump’s Tax Plans Mean For You

What does his tax proposals mean for you? Taxpayers should continue to monitor developments and prepare for tax law changes.

Some Financial Planning Steps to Take Now in This Economy

Taxes November 11, 2024 

Some Financial Planning Steps to Take Now in This Economy

While economists might lack prescience with their forecasts, they still provide valuable insight into our money moves.

Review of TaxGPT – The Accounting Technology Lab Podcast – Nov. 2024

Accounting Technology Lab Podcast November 9, 2024 

Review of TaxGPT – The Accounting Technology Lab Podcast – Nov. 2024

Brian Tankersley, CPA, and Randy Johnston review TaxGPT, an AI-powered tax assistant for accountants & tax professionals. The tech and accounting professionals that developed the TaxGPT co-pilot system says it can boost productivity by 10x.

Brian Tankersley, Randy Johnston

IRS FY 2024 Financial Report Says Longtime Deficiency Resolved

IRS November 7, 2024 

IRS FY 2024 Financial Report Says Longtime Deficiency Resolved

The agency collected more than $5.1 trillion in tax revenue and more than $98 billion in enforcement revenue.

Taxes, Tariffs and More: 5 Key Economic Stakes of the U.S. Election

Taxes November 4, 2024 

Taxes, Tariffs and More: 5 Key Economic Stakes of the U.S. Election

Tuesday's election will have far-reaching economic consequences, ranging from how Americans are taxed to global trade and energy.

Bruins’ Struggles Due to Massachusetts State Taxes, Business Coalition Argues

Taxes November 4, 2024 

Bruins’ Struggles Due to Massachusetts State Taxes, Business Coalition Argues

A trend is forming in the Boston sports scene: if a team struggles, state taxes are blamed for the poor performance.

Campaign-Trail Tax Proposals Face Hard Road to Passage

Taxes November 1, 2024 

Campaign-Trail Tax Proposals Face Hard Road to Passage

Former members of Congress and staff have mixed predictions for the viability of the presidential candidates' tax proposals.

New IRS LB&I Pass-Through Unit Hits the Ground Running

Taxes October 29, 2024 

New IRS LB&I Pass-Through Unit Hits the Ground Running

The new work group, which was formed last fall, has officially started work to more efficiently conduct audits of pass-throughs.

Jason Bramwell

Florida Man Pleads Guilty to $1.7 Million Tax Evasion

Taxes October 25, 2024 

Florida Man Pleads Guilty to $1.7 Million Tax Evasion

A Florida man has pleaded guilty to evading the payment of more than $1.7 million he owed for tax years 2004 through 2014.

Isaac M. O'Bannon

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