Taxes August 5, 2026
Paxton Pitches Family Tax Cuts While Hammering Talarico in Texas Senate Race
The GOP candidate promotes tax breaks on health care, homes and children as the Democrat's campaign calls the affordability push "laughable."
Taxes August 5, 2026
Paxton Pitches Family Tax Cuts While Hammering Talarico in Texas Senate Race
The GOP candidate promotes tax breaks on health care, homes and children as the Democrat's campaign calls the affordability push "laughable."
Taxes August 5, 2026
Protecting Non-Resident Clients From the $25,000 IRS Form 5472 Trap
Proactively navigating these rules protects your clients from staggering penalties while establishing your firm as an essential cross-border advisor.
Taxes August 5, 2026
Missouri Voters Reject Plan to Phase Out State’s Income Tax
A proposed constitutional amendment to replace Missouri’s individual income tax with expanded sales and use taxes, a top priority of Republican Gov. Mike Kehoe, was soundly defeated by voters on Tuesday.
Financial Planning September 3, 2026 Sponsored
CPE Webinar: Estate Planning After OBBBA: Turning Theory into Practice
With the passage of OBBBA and the shift to a $15 million basic exclusion amount, the estate planning landscape entering 2026 and beyond presents both unique opportunities and substantial challenges for taxpayers and their advisors.
Taxes August 4, 2026
IRS Warns of 5 Types of Tax Data Phishing Scams
Common Threats: Scammers use phishing, targeted spear phishing, cloned emails, high-level whaling, and fake new-client emails to deliver malware and steal credentials.
Taxes August 4, 2026
Form 990: Classifying a School That Hasn’t Opened Yet: Obtaining IRS Approval and What Happens If the IRS Disagrees
An organization with concrete plans can obtain a favorable determination while it is still pre-operational.
Taxes August 4, 2026
Tax Court Ruling: When You Can’t Take the IRS at Its Word
The court ruled that the taxpayers failed to prove an IRS error or delay and that verbal advice from an IRS representative is not legally binding.
Taxes August 4, 2026
Mamdani: No Regrets About NYC Pied-à-Terre Tax Rollout Amid Pushback
The tax targets secondary homes of non-resident New Yorkers worth more than $5 million. The city sent letters to 17,000 homeowners indicating they might be subject to the tax.
Taxes August 4, 2026
Florida Judge Rules Property Tax Amendment Misleading, Orders Rewrite
The judge ordered the attorney general to rewrite parts of the property tax proposal put out by Gov. Ron DeSantis’ office.
IRS August 3, 2026
Scammers Are Trying to Trick Crypto Holders with Fake IRS Letters
Fraudsters are mailing fake IRS letters to cryptocurrency holders in a scheme using a bogus website that aims to steal taxpayers' personal information and digital assets, IRS-CI said in a fraud alert last week.
Taxes August 3, 2026
About 2,000 People File for Exemptions to NYC Pied-à-Terre Tax Amid Controversial Rollout
Around 2,000 people have filed for an exemption to the New York City pied-à-terre tax—and 4,800 more have at least started the process amid the new levy’s controversial rollout, City Hall said Monday.
IRS August 3, 2026
Blanche Rescinds $1.8B Weaponization Fund; Attorney General Vote to Move Forward
Two GOP holdouts—Sens. John Cornyn, R-Texas, and Thom Tillis, R-N.C.—say they'll vote to confirm acting attorney general Todd Blanche after delay.