Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes January 29, 2026
Report: Massachusetts Income Tax Cut Could Cost State $5 Billion
Inching toward the Nov. 3 ballot is a proposal to reduce the state's personal income tax rate from 5% to 4% over three years, which backers say would save individual taxpayers an estimated $4,000 during that period.
Taxes January 29, 2026
Opposition Lines Up Against Missouri Governor’s Tax Swap Plan
Republican Gov. Mike Kehoe’s bid to replace Missouri’s income tax with sales and use taxes ran into a wall of opposition from some of the state’s major lobbying groups Wednesday.
Taxes January 28, 2026
Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams
New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.
Taxes January 28, 2026
After ‘Smooth’ 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year
As the IRS enters the 2026 tax season facing workforce reductions and implementing major tax law changes, National Taxpayer Advocate Erin Collins warns in a new report that taxpayers could encounter more challenges when filing their taxes this year.
Taxes January 28, 2026
Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program
Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.
Taxes January 28, 2026
Los Angeles City Council Puts Off Yet Another Attempt to Rewrite the City’s ‘Mansion Tax’
City Council member Nithya Raman took her own shot at rewriting the tax, saying she too believes it is holding back housing production. But council members refused to take up Raman's proposal on Jan. 27.
Taxes January 27, 2026
IRS Issues FAQs About Trump Executive Order on Electronic Payments
The IRS released frequently asked questions on Tuesday regarding how an executive order from President Donald Trump will impact the way taxpayers receive tax refunds and make tax payments.
Taxes January 27, 2026
IRS Posts FAQs About New OBBBA Deduction for Overtime Pay
The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.
Staffing January 27, 2026
Avoiding ‘Too Little, Too Late’: How to Give Core Teams at CPA Firms Ample Support This Tax Season
These tips and practices can give your core team the best chance to deliver outstanding client service without burning out in the process.
Taxes January 27, 2026
Longtime Ways and Means Member Rep. Vern Buchanan to Retire After 10 Terms in Congress
Florida Rep. Vern Buchanan, a longtime member of the tax-writing House Ways and Means Committee, said Jan. 27 that he will not seek reelection after nearly two decades in Congress.
Taxes January 27, 2026
2026 Tax Season Brings Financial Relief for Seniors
The One Big Beautiful Bill Act increased inflation adjustments for the standard deduction, and a new bonus senior deduction will allow tens of millions of seniors to save hundreds of dollars on their taxes this year.
Taxes January 27, 2026
Massachusetts Governor Seeks to Delay Federal Tax Cuts
Democratic Gov. Maura Healey is seeking to blunt the impact to state coffers from changes to the federal tax code under President Donald Trump’s new tax cuts and policy law, but business groups say the move would hurt Massachusetts’ competitiveness.