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 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.
Taxes October 11, 2024
Tax Gap For 2022 Estimated At $696 Billion, IRS Says
The projected gross tax gap for 2022 is down $12 billion from a revised 2021 tax gap of $708 billion, the agency said Oct. 10.
Taxes October 10, 2024
Trump Pledges to Eliminate Income Taxes on Americans Living Abroad
His plan could allow wealthy Americans to move to low-tax countries and avoid any tax obligations.
Taxes October 8, 2024
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.