Taxes January 26, 2026
Welcome to Tax Season 2026
The IRS today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.
Taxes March 14, 2024
Money Mule Networks Are on IRS Criminal Investigation’s Radar
Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud.
IRS March 14, 2024
Ex-IRS Commissioner Joins Tax Law Firm Chamberlain Hrdlicka
Charles Rettig, who served as IRS chief from 2018 to 2022, has joined the law firm's tax controversy and litigation practice.
Taxes March 13, 2024
Louisiana Doctor Gets 4 Years in Prison for Tax Evasion
Dr. Melissa Rose Barrett, of Baton Rouge, owed the IRS approximately $1.6 million in income taxes.
Taxes March 13, 2024
Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes
Dan Rotta, who is accused of dodging taxes for decades using accounts at UBS and Credit Suisse, was granted a $15 million bond.
Taxes March 13, 2024
AICPA Asks IRS for Guidance on Excess Business Losses
IRC Section 461(l) disallows EBLs for taxpayers other than C corporations for tax years beginning after 2020 and before 2029.
Taxes March 13, 2024
IRS Names New Chief of Criminal Investigations
Guy Ficco will oversee a worldwide staff of more than 3,200 Criminal Investigation (CI) employees, including 2,200 special agents who investigate crimes involving tax, money laundering, public corruption, human trafficking, drug trafficking, cybercrime and terrorism-financing.
Accounting March 13, 2024
Bill on Alternate Path to CPA Licensure Gains Momentum in Minnesota Senate
The legislation, which moved to the state's Senate Finance Committee, would provide an option to licensure with 120 credit hours.
Taxes March 12, 2024
Why Businesses Shouldn’t Rely on AI-Powered Tax Prep Advice
A Washington Post investigation found TurboTax's and H&R Block's AI tools are not up to snuff.
Taxes March 12, 2024
IRS Direct File is Now Officially Open for Use in 12 States
The IRS moved the Direct File pilot out of the testing phase, allowing 19 million eligible taxpayers to use the free filing software.
Taxes March 12, 2024
Fewer People Are Getting Tax Refunds This Year, IRS Stats Show
Compared with a similar point in the tax season the previous year, there have been nearly 6 million fewer refunds, according to the IRS.
Taxes March 12, 2024
Some States Are Looking to Abolish Property Taxes Entirely
As property values surge, some state lawmakers are hoping to end the property tax. Doing so would not be cheap or easy.
Taxes March 12, 2024
Capital Gains Hikes at the Center of Biden’s Second-Term Tax Agenda
The president's budget proposal is the opening round of a looming tax fight set to consume Washington next year.