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Taxes

IRS Increases Health Savings Account Limits for 2027

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.

Jason Bramwell

Featured Articles

May 29, 2026  

Judge Temporarily Halts DOJ ‘Anti-Weaponization Fund’

May 29, 2026  

Tax the Rich, DeSantis Suggests to Florida Counties Worried About His Property Tax Plan

May 29, 2026  

Don’t Forget About Tax on Social Security Benefits

May 29, 2026  

Property Tax Appeal Offers: Help Clients Look Beyond Gross Savings

May 29, 2026  

AICPA Asks Treasury and IRS for Further Guidance on Proposed Trump Account Regulations
Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns

Taxes April 17, 2026 

Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns

Jessie Badillo and Manuel Badillo Jr. repeatedly doctored tax filings to gin up returns, prosecutors argue.

3 Ways to Make the Most of Your Tax Refund

Taxes April 17, 2026 

3 Ways to Make the Most of Your Tax Refund

Overall, your tax refund might be the perfect way to get your savings and investments on track for long-term financial well-being.

Building a Tax Practice Clients Rely on All Year

Advisory April 17, 2026 

Building a Tax Practice Clients Rely on All Year

With the digital transformation bringing automation into the tax process, now is the perfect time to transform your tax practice with client advisory services.

Sangeeta Chhabra

No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop

Taxes April 17, 2026 

No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop

President Donald Trump boasted Thursday that Nevada waiters, casino dealers, bartenders and other tipped workers had received "the biggest tax refunds of their entire lives," claiming average returns topped $4,000.

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows

Taxes April 17, 2026 

Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows

New York City Mayor Zohran Mamdani made $1,643 in royalties from his now-defunct rap career last year, a copy of his tax return shows.

Income Tax Elimination Plan Moves Closer to Ballot in Missouri

Taxes April 17, 2026 

Income Tax Elimination Plan Moves Closer to Ballot in Missouri

Gov. Mike Kehoe’s plan to ask Missouri voters to replace the state’s income tax with sales and use taxes advanced out of the Senate early Thursday, putting his top-tier issue one step closer to being on the November ballot.

Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End

Taxes April 17, 2026 

Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End

Hawaii Gov. Josh Green wants annual tax cuts slated for 2027 through 2031 repealed for all taxpayers in order to preserve revenue he said is needed to offset federal cutbacks over several years.

Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme

Accounting April 16, 2026 

Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme

Edward Sodlosky, 72, was sentenced in federal court in New Haven to three months in prison and one year of supervised release for tax evasion. He was also ordered to pay a $50,000 fine.

Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC

Taxes April 16, 2026 

Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC

The tax on expensive secondary residences in New York City represents a safe middle ground between Zohran Mamdani’s tax-the-rich proposals and Kathy Hochul’s more moderate standpoint on taxes.

Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax

Small Business April 16, 2026 

Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax

One therapist's Business Income and Receipts Tax increased to more than $5,700 this year. "It exorbitantly affects my business," she said.

Several States Didn’t Report Losses From Data Center Tax Breaks, Study Says

Taxes April 15, 2026 

Several States Didn’t Report Losses From Data Center Tax Breaks, Study Says

The lack of disclosure comes as some states report losing more than $1 billion per year to data center incentives.

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