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 19, 2026
Why Microsoft and Others Are On the Sidelines of Washington ‘Millionaires Tax’ Fight
Washington’s biggest private employers, including Microsoft, are neutral in the “millionaires tax” debate as they concentrate on warding off other taxes.
Taxes October 19, 2026
Donating to Charity? Your Generosity Could Pay Off at Tax Time This Year
Starting with the 2026 tax year, taxpayers who take the standard deduction can also claim a new deduction for qualifying charitable cash contributions.
Taxes October 19, 2026
Student Loan Forgiveness is a Ticking Tax Bomb Again, Study Warns
A tax exemption for student loan forgiveness expired, meaning borrowers could face a big, surprise bill from the IRS.
Taxes October 16, 2026
The Post-Extension Window: How to Sequence Firm Automation Before Busy Season
Pick the workflow with the clearest rules and the most wasted hours. For most tax and bookkeeping practices that is document requests for individual returns.
Taxes October 16, 2026
Who Designed Prop. 40? Meet the Academics Behind California’s Billionaire Tax Brawl
Four academics led by Emmanuel Saez designed California’s Proposition 40 billionaire tax, sparking fierce debate over inequality, enforcement and economic impact.
Taxes October 15, 2026
Nationwide Enforcement Surge Uncovers $490 Million in Tax Fraud
A national tax fraud enforcement surge resulted in the prosecutions of 76 defendants whose actions caused an estimated loss of revenue to the federal government of more than $490 million, the Justice Department and the IRS said on Oct. 14.
Taxes October 14, 2026
Newsom Backs Measure to Make Future Wealth Taxes More Difficult
California Gov. Gavin Newsom just got behind a ballot initiative that, if passed, would act as a kill switch for Proposition 40, also known as the billionaire wealth tax.
Taxes October 14, 2026
How to Prepare and Launch a Trusted Tax Preparation Business
Starting a tax preparation firm can feel like walking a tightrope between serving people well and getting every detail right.
Taxes October 13, 2026
How IRS BBA Assessments Can Affect Individual Partners: IRS Audits of High-Income Taxpayers and Partnerships
TIGTA reported that the IRS Pass-Through Entities program lost more than 20% of its staff during 2025.
Small Business October 13, 2026
The Off-Ramp From the 1031 Cycle: What CPAs Should Know About 721 Exchanges
Most clients who have spent 30 years building a real estate portfolio have never been offered a way to retire from it without paying the tax.
Taxes October 12, 2026
Will Democrats Expand Washington’s ‘Millionaires Tax’? Some Are Talking About It
Supporters of Washington’s “millionaires tax” insist it's not a Trojan horse for a broader state income tax, but some prominent Democrats have gone off script.
Income Tax October 9, 2026
What to Ask a Vendor About State E-File Coverage
Ask which states and which tax types the package supports for the coming filing season, with approval dates, rather than in general.