Taxes January 16, 2026
Intuit Opens a Brick and Mortar TurboTax Office in New York City, Plans On Locations Nationwide
Intuit says it plans to launch nearly 600 Expert Office locations, and 20 new TurboTax stores in locations across the nation.
Accounting November 21, 2025
Connecticut Accountant Admits to Evading More Than $400,000 in Taxes
Edward Sodlosky, 71, of Middlebury, CT, failed to report almost $1.4 million in additional income, resulting in a tax loss to the government of more than $400,000, authorities said.
Accounting November 21, 2025
Colorado Springs Accountant Gets 30-Month Jail Sentence for $8 Million Tax Fraud
Rodney Ermel, 71, was sentenced in October for tax evasion and conspiracy to defraud the U.S. and ordered to pay $8,087,385 in restitution to the IRS.
Taxes November 21, 2025
N.J. Tax Preparer Convicted in COVID Tax Scheme That Stole $55M
A jury convicted Leon Haynes of 15 counts of aiding and assisting in the preparation and presentation of false tax returns, one count of mail fraud and two counts of tax evasion following a six-day trial.
IRS November 20, 2025
AICPA Says IRS Plan to Combine OPR and RPO Would Create Potential Conflicts of Interest, Confuse Taxpayers
A possible merger of the IRS's Office of Professional Responsibility with the Return Preparer Office would bring negative consequences to the nation's tax system, the AICPA wrote in a letter to the agency last week.
Taxes November 20, 2025
Trump’s Library Foundation Got Special Treatment From the IRS During the Government Shutdown
The Donald J. Trump Presidential Library Foundation filed its request for tax-exempt status to the IRS on Oct. 10 and got an approval letter just 10 days later, according to tax records.
Taxes November 20, 2025
U.S. Chamber Official: Trump Tariffs Amount to $600 Billion Tax Increase
During a Nov. 19 event in Mobile, AL, U.S. Chamber of Commerce's Tom Wickham said the president's tariff policy amounts to a potential $600 billion “tax increase annually,” including about $202 billion on small businesses.
Taxes November 20, 2025
Missouri Gov. Says He Plans to Phase Out State’s Income Tax
Missouri Gov. Mike Kehoe has offered no specifics about his plan but said it revolves around offsetting the $10 billion generated by the state’s 4.7% income tax rate, which represents about 63% of the state’s general revenue.
Taxes November 19, 2025
Maximizing 2025 Year-End Planning Before the OBBBA’s Changes Take Effect
An investment portfolio where any one stock has appreciated dramatically over the original purchase is the perfect candidate for a contribution to a charitable organization or a DAF.
Taxes November 19, 2025
Wolters Kluwer Highlights CCH Axcess Scan and Expert AI Tax Automation Strategies at Microsoft Ignite
A centerpiece of the discussion was CCH Axcess Scan, an innovative solution powered by Expert AI and Azure AI services.
Taxes November 19, 2025
Senate Appears Polarized as ACA Subsidy Cliff Nears
During a Senate Finance Committee hearing on health care affordability on Nov. 19, members found no middle ground on how to lower costs for those relying on expiring tax credits.
Taxes November 19, 2025
Senator Has the Tax-Exempt Status of College Athletics Revenue in Her Crosshairs
In a letter to the Joint Committee on Taxation, Sen. Maria Cantwell (D-WA) called for an analysis of the current landscape of college athletics centered around the policies that shield much of the industry from taxation.
Taxes November 19, 2025
Just Desserts for Missing Charitable Records
As evidenced by a taxpayer in a new case, Besaw, TC Sum. Op. 2025-7, 7/21/25, just missing one or two of the key ingredients can spoil the deal.