Taxes July 7, 2026
New Jersey Eyes 9% Tax on Prediction Markets
New Jersey lawmakers are advancing a bill that would impose an additional 9 percent tax on income earned by companies and individuals that operate prediction markets.
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.
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.
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.
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.
Taxes October 24, 2024
Tax Lobbying Ramps Up in Q3 Ahead of Elections
Lobbyists this year have stressed the need for companies to engage early on next year’s expiring tax provisions.
Taxes October 22, 2024
IRS Updates Tax Brackets, Standard Deductions For 2025
While the actual percentages will remain the same, the income levels of each bracket change annually to adjust to inflation.
Taxes October 21, 2024
Man Who Leaked Trump’s Tax Returns Was Taught to Take a Stand in St. Louis
Charles Littlejohn pulled off what’s been described as the greatest heist in IRS history and was sentenced to five years in prison.
Taxes October 17, 2024
Tax Experts See Long Standoff Over Expiring Provisions
Deep ideological differences could make striking an agreement on expiring tax breaks difficult if there is divided government.
Income Tax October 17, 2024
AICPA and NATP Respond to TurboTax Ad
The ad tells Americans they should have a "tax break up" with their professional preparer by using one of TurboTax's live experts.
Taxes October 15, 2024
Tax Court Delivers Mixed News on Charitable Appraisals
The moral of the story is that you should not run risks with so much at stake. The cost of an accurate qualified appraisal from a reputable source is money well spent.
Taxes October 15, 2024
Trump Floats Tax Write-Off For Auto Loans in Detroit Speech
Latest proposal comes as former president makes play for votes in Michigan, where Harris’ lead has dwindled.
Taxes October 11, 2024
IRS Provides Tax Relief to All of Florida After Hurricane Milton
Because of hurricanes Debby, Helene, and Milton, affected taxpayers have until May 2025 to file returns and make tax payments.