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 24, 2026
IRS Sets Introductory Guidelines on AI Use for Tax Professionals
The IRS Office of Professional Responsibility released an alert on Wednesday containing guidelines tax professionals should follow when using generative artificial intelligence in practice.
Taxes June 23, 2026
Supreme Court Rules Against Michigan Family That Lost Home in Tax Sale
The justices said the Pung family is only owed the surplus proceeds of the tax sale of their former home in Isabella County after failure to pay taxes.
Small Business June 23, 2026
Future Tax Rewards for Sales of Qualified Small Business Stock
This tax benefit was recently preserved and enhanced by the One Big Beautiful Bill Act (OBBBA). Now business owners have even more flexibility than before.
Technology June 23, 2026
Taxfyle Launches Plan, an AI-Native Tax Strategy Platform Built to Streamline RIA Tax Planning Workflow
Plan transforms tax planning from a manual, time-intensive process into an AI-driven workflow.
Taxes June 23, 2026
Former Fugitive Ohio Pharmacist Pleads Guilty to Defrauding IRS
In February, Sbeih Sbeih, 57, was arrested in the eastern European country of Georgia after he was a fugitive for 11 years.
Taxes June 22, 2026
Comedian Carlos Mencia Arrested for Tax Evasion, $8.7M in Unreported Income
Mencia was arrested at his Los Angeles home on Thursday around 7 a.m. and held on $250,000 bail. If convicted, he faces more than 11 years in prison, and he would likely have to pay the tax bills and the interest.
Taxes June 22, 2026
Sovereign Wealth Fund Tax on AI Companies Unveiled by Sanders
Newly released text offers details on legislation from progressive Sen. Bernie Sanders, I-Vt., for the federal government to take a 50% share in leading artificial intelligence companies.
Taxes June 22, 2026
Trump’s New U.S. Tariff Wall Shakes Up Winners, Losers Lineup
The Trump administration wants the rebuilt wall of import taxes to mirror those the president put on every major trading partner at the beginning of his second term.
IRS June 22, 2026
DOJ Rejects Judge Request to Certify $1.8 Billion ‘Weaponization’ Fund Nixed
The fund was part of a settlement to resolve President Donald Trump's $10 billion lawsuit seeking to hold the Internal Revenue Service liable for a leak of his tax information.
Taxes June 18, 2026
Court Strikes Down Ballot Initiative to Lower Massachusetts Income Tax
The Massachusetts Supreme Judicial Court stated that a summary of the proposal authored by Attorney General Andrea Campbell and used to collect required signatures was misleading and must be disqualified from appearing on the ballot.
Taxes June 18, 2026
Confusing CP53E Notices from IRS Results in AICPA Requesting Adjustments and Offering Recommendations on Their Use
Many taxpayers were confused by the IRS notices, which some received simply for requesting overpayments be applied to next year's taxes.
Taxes June 18, 2026
Controversial California Billionaire Tax Proposal Declared Eligible for the November Ballot
A proposal to tax California billionaires to fund healthcare has tentatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether the state should squeeze the ultra-rich.