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Taxes

Voting Opens for 2026 Readers’ Choice Awards!

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.

Isaac M. O'Bannon

Featured Articles

April 1, 2026  

You’re Too Late for the Best Savings on Your 2025 Taxes – It’s Time to Start on Next Year’s Taxes

March 31, 2026  

How the 50 States Rank by Tax Burden (Updated for 2026)

March 31, 2026  

Washington Governor Signs High-Earners Income Tax; Challenges Expected

March 31, 2026  

State and Local Taxes Are Still Evolving for Ride-Hailing Services

March 31, 2026  

Ex-Washington Attorney General to Spearhead Lawsuit Against ‘Millionaires Tax’
Bidens Paid 23.7% Effective Federal Tax Rate in 2023

Taxes April 16, 2024 

Bidens Paid 23.7% Effective Federal Tax Rate in 2023

President Joe Biden and first lady Jill Biden paid $146,629 in federal income taxes on a combined $619,976 in AGI last year.

 Tax Refunds Dropped by 3.3 Percent in 2024

Taxes April 16, 2024 

Tax Refunds Dropped by 3.3 Percent in 2024

Fewer U.S. taxpayers have received a refund this year in the run-up to tax day compared to 2023, signaling some consumer spending may be disrupted.

Florida Lawyer Gets 8 Years in Prison for Fraudulent Charity Tax Claims

Taxes April 16, 2024 

Florida Lawyer Gets 8 Years in Prison for Fraudulent Charity Tax Claims

A Florida attorney was sentenced today to eight years in prison for conspiring to defraud the United States and tax evasion.

Isaac M. O'Bannon

4 Key Crypto Tax Tips for Entrepreneurs and Digital Investors

Taxes April 16, 2024 

4 Key Crypto Tax Tips for Entrepreneurs and Digital Investors

By taking the right steps, it's possible to avoid overpaying taxes and enjoy tax benefits.

CorveeTax Logo

Taxes April 16, 2024 

Corvee Adds Depreciation and Amortization Functions to Instead

With Instead and Instead Pro, users can utilize depreciation to find and compare tax savings for assets categorized as residential, nonresidential, technology and ...

Isaac M. O'Bannon

 7 Data-Driven Trends Impacting Tax Operations

Taxes April 15, 2024 

7 Data-Driven Trends Impacting Tax Operations

Despite chronic and pandemic-specific challenges however, the IRS is making strides in returning to business as usual. 

IRS Adds More Census Tracts For EV Charger Tax Credit

Taxes April 15, 2024 

IRS Adds More Census Tracts For EV Charger Tax Credit

These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.

Jason Bramwell

Shohei Ohtani’s Ex-Interpreter Charged With Bank Fraud, Stole $16 Million From Baseball Star

Taxes April 12, 2024 

Shohei Ohtani’s Ex-Interpreter Charged With Bank Fraud, Stole $16 Million From Baseball Star

Ippei Mizuhara's involvement in illegal gambling turned up in a far-reaching investigation by federal agencies including the IRS.

Trump Tax Cuts Were Neither Panacea Nor Rip-Off

Taxes April 11, 2024 

Trump Tax Cuts Were Neither Panacea Nor Rip-Off

While the cuts yielded benefits to Americans up and down the income scale, the benefits could best be described as modest.

 Feds Cracking Down on Unlawful Tax Return Preparers

Taxes April 11, 2024 

Feds Cracking Down on Unlawful Tax Return Preparers

Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.

Isaac M. O'Bannon

COUNTERPOINT: IRS Should Not Be Trusted With Direct File

Taxes April 11, 2024 

COUNTERPOINT: IRS Should Not Be Trusted With Direct File

Despite its recent trendiness in certain circles, Direct File has little potential for good—and much for bad.

POINT: IRS Direct File Simplifies Doing Taxes, Saves Money

Taxes April 11, 2024 

POINT: IRS Direct File Simplifies Doing Taxes, Saves Money

The new IRS Direct File tool represents government at its best: saving families time and money.

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