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 June 30, 2026
The 30-Million-Client Problem Hiding in Your Schedule C Stack
Firms that serve this segment profitably do not work harder in March. They change the setup so the mess never reaches the return.
Taxes June 30, 2026
New Boston Tax Rule Shields Seniors From Losing $1K-$2K Tax Credit
A change to the senior property tax exemption, which was signed into law by Boston Mayor Michelle Wu, is expected to help homeowners on fixed incomes with housing costs.
Taxes June 30, 2026
Some Republicans Join Missouri Democrats in Push Against Income Tax Phaseout
At least 10 Republican lawmakers, including state Rep. Tony Harbison, publicly have signaled their opposition to the plan by either voting "no" on the legislation or issuing statements later reversing their "yes" votes.
Taxes June 30, 2026
Could Initiative to Kill Washington’s ‘Millionaires Tax’ Also Kill the State’s Capital Gains Tax?
Opponents of an initiative to repeal Washington's new high-earners income tax are warning the proposal could also strike down other taxes, putting billions of dollars in state revenues that fund public services at risk.
Taxes June 29, 2026
Tax Court Reviews ‘Cohan Rule’ in New Business Expense Case
There’s no substitute for keeping accurate records that can prove the existence and amount of deductible expenses.
Taxes June 29, 2026
Artificial Intelligence Becomes Ripe Target for Taxes
Some progressives, including Sen. Elizabeth Warren, are floating various plans to spread the wealth of the AI boom, ranging from taxes on AI tokens to an excise tax on the energy used by data centers.
Taxes June 29, 2026
Why Gov. DeSantis Now Says He Won’t Campaign for Property Tax Plan
After spending the last year talking about eliminating or cutting Floridians’ property taxes, Florida Gov. Ron DeSantis said Monday that he won’t campaign to help pass an amendment on the ballot that he first proposed.
Taxes June 29, 2026
Khanna Lays Into Gavin Newsom’s Tax Proposal, Setting Up 2028 Battle Lines
Rep. Ro Khanna slammed Newsom's national tax proposal, accusing him of being a “cheerleader for the billionaire class” by refusing to back a proposed wealth tax on California’s billionaires.
Taxes June 29, 2026
Georgia Tax Preparer Obtained $30,000 from Fraudulent Claims, Feds Say
Santeva Speights, who prepared tax returns in Milledgeville, GA, was charged Thursday with two counts of tax fraud after obtaining $28,490 from fraudulent tax filings, according to a federal indictment.
Small Business June 26, 2026
Tax Court Doesn’t Horse Around in New Hobby Loss Case
After examining all the evidence, the Tax Court ruled that the activity doesn’t rise to the level of a business. Result: All the loss deductions are denied.
Small Business June 26, 2026
Study: Nearly Three-Quarters of Retailers Face Hidden Tax Compliance Costs After Black Friday and Cyber Monday
Nearly half (48%) of retailers say they still need additional safeguards to protect against unexpected cross-border costs.
Taxes June 26, 2026
King Charles Has Paid £30 Million in Taxes Since 2022
The announcement is part of "the Royal Household's commitment to transparency," according to Buckingham Palace.