IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
Taxes April 24, 2026
IRS Provides New Guidance on Educational Assistance Plans
Employers may be encouraged to add an EAP to their fringe benefit package as a way to attract and retain high-quality employees.
Taxes April 24, 2026
‘Millionaire Tax’ Won’t Be on November Ballot as Illinois Democrats Can’t Come to Agreement
Illinois Democrats failed to advance a proposed constitutional amendment that would have asked voters in November to impose an additional tax on residents who earn more than $1 million a year.
Taxes April 23, 2026
Michigan Supreme Court Orders Review of State’s 24% Cannabis Tax
The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax.
Taxes April 23, 2026
‘Use It or Lose It’: Solar Advocates Say IRS is Still Writing Checks for Tax Credits
Some solar advocates say there is still a short window for businesses, nonprofits and municipalities to squeeze benefits from expiring tax incentives..
Taxes April 23, 2026
Nintendo of America Slapped with Lawsuit Over Tariff Refunds
The proposed class action complaint claims Nintendo hasn't made a plan to return money paid by customers to satisfy the now-illegal duties implemented by the Trump administration.
Taxes April 22, 2026
Trump Tax Law Boosts Refunds, But Tariffs and Iran War Mute Its Impact
The problem for Americans—and for GOP candidates who want their votes—is that the bigger tax refunds have been largely offset by higher gas prices stemming from the U.S.-Israeli war with Iran and by President Donald Trump's taxes on imported goods.
Taxes April 22, 2026
Illinois Democrats Trying to Get ‘Millionaire Tax’ Question on Fall Ballot
The millionaire’s tax is one of two proposed constitutional amendments the Illinois House could take up as soon as this week, ahead of a deadline to place questions on the November ballot.
Taxes April 22, 2026
Whistleblowers Called On to Help IRS Uncover Federal Funds Misuse
The tax agency on April 17 issued a Whistleblower Alert, a new way for the IRS to spotlight high-risk areas and reach people who may have direct knowledge of noncompliance.
Taxes April 22, 2026
Missouri Voters to Decide to Eliminate Income Tax, Raise Sales and Use Taxes
The Missouri House on Tuesday agreed with Senate amendments to a proposed constitutional amendment that serves as a first step in repealing the income tax. The bill will now go to the ballot.
Taxes April 21, 2026
Enjoy Summer Tax Breaks for RVs and Boats
You may be eligible for mortgage interest deductions if you itemize on your 2026 return.
Taxes April 21, 2026
Tax Documents for School Employees Potentially Stolen Across Los Angeles County
The Los Angeles County Office of Education declined to provide information about how many school districts or employees may be affected.
Taxes April 21, 2026
New York Congressman’s Legislation Would Allow Tax Deductions on Utility Bills
The No Taxes on Utility Bills Act, introduced by Rep. John Riley (D-NY), would allow U.S. taxpayers to deduct all taxes and state-mandated surcharges included on gas and electric bills.