Taxes

Taxes March 25, 2026 

Costs to operate the now-defunct Direct File free tax preparation program last year were significantly less than the IRS estimated, according to a new report from the Treasury Inspector General for Tax Administration.

Jason Bramwell

Taxes March 25, 2026 

Dormeshia A. Haire, 38, of St. Charles, MO, who worked in St. Clair County in Illinois as a tax preparer, is accused of making false statements on tax return forms to defraud the federal government.

Taxes March 25, 2026 

State Rep. Tom Young is pushing to exempt Ohioans' capital gains from the state income tax, with the hope of making Ohio a more attractive place to invest and do business.

Taxes March 24, 2026 

ABLE accounts can be created by eligible individuals to support themselves, by family members to support their dependents, or by guardians.

Taxes March 24, 2026 

Total tax credit monetization reached $63 billion in 2025, a 27% year-over-year increase.

Isaac M. O'Bannon

Technology March 24, 2026 

TaxGPT has launched the Tax Prep Agent, which the company touts as a first-to-market autonomous AI that reads source documents, uses tax software as a human preparer does, and completes returns from start to finish—all in a secure environment.

Jason Bramwell

Taxes March 24, 2026 

Even if you’re the prevailing party in the matter, you still must pay the tab if the IRS shows that it was substantially justified in taking its position.

Ken Berry, JD

Taxes March 23, 2026 

From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.

IRS March 23, 2026 

The Treasury Department and the IRS are asking stakeholders to submit recommendations by May 29 on items that should be included in the agency’s 2026-2027 Priority Guidance Plan.

Jason Bramwell

Sales Tax March 23, 2026 

Arguing that Kentucky is discriminating against women on the basis of sex by taxing period products like tampons and pads, two women are asking a Louisville court to revoke the tax and rule it unconstitutional.

Taxes March 23, 2026 

National Guard and Reserve members typically train one weekend a month with readiness activities throughout the year and receive pay for their service. A bill introduced in the House would exempt that money from federal income taxes.

Taxes March 23, 2026 

The IRS estimates it has about $1.2 billion in unclaimed refunds for taxpayers who did not file their Form 1040 federal income tax return for the 2022 tax year.