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Taxes

Paxton Pitches Family Tax Cuts While Hammering Talarico in Texas Senate Race

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."

Featured Articles

August 5, 2026  

Protecting Non-Resident Clients From the $25,000 IRS Form 5472 Trap

August 5, 2026  

Missouri Voters Reject Plan to Phase Out State’s Income Tax

September 3, 2026   Sponsored

CPE Webinar: Estate Planning After OBBBA: Turning Theory into Practice

August 4, 2026  

IRS Warns of 5 Types of Tax Data Phishing Scams

August 4, 2026  

Form 990: Classifying a School That Hasn’t Opened Yet: Obtaining IRS Approval and What Happens If the IRS Disagrees
Judge Rewrites Ballot Language on Plan to Eliminate Missouri Income Tax

Taxes June 6, 2026 

Judge Rewrites Ballot Language on Plan to Eliminate Missouri Income Tax

The ballot language for a Missouri constitutional amendment that would radically restructure how the state collects taxes was altered by an appeals court on Friday, which found the language to be unfair, inaccurate and misleading.

House Ways and Means Preparing Legislation to Forge Crypto Tax Structure

Taxes June 5, 2026 

House Ways and Means Preparing Legislation to Forge Crypto Tax Structure

House Ways and Means Chairman Jason Smith has made establishing a framework for the taxation of digital assets a top priority for the committee, even as the Senate toils to pass market structure legislation.

Avalara Introduces Tax Content Essentials to Simplify Tax Rate Compliance for Growing Businesses

Technology June 4, 2026 

Avalara Introduces Tax Content Essentials to Simplify Tax Rate Compliance for Growing Businesses

ATC Essentials gives businesses the accurate, up-to-date tax rate data they need.

Isaac M. O'Bannon

Detroit Rapper Sentenced to Prison for Leading Team Who Stole, Sold Tax Refund Checks

IRS June 4, 2026 

Detroit Rapper Sentenced to Prison for Leading Team Who Stole, Sold Tax Refund Checks

Jaiswan Williams, also known as Detroit rapper Jaiswan, was sentenced this week to just over 10 years in prison for his role in a $63 million mail theft scheme.

Bessent Stays Mum on ‘Anti-Weaponization’ Fund at Hearing

IRS June 4, 2026 

Bessent Stays Mum on ‘Anti-Weaponization’ Fund at Hearing

Democrats pressing Treasury Secretary Scott Bessent for information on Trump-IRS settlement get limited details during June 3 hearing.

Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits

Nonprofit June 4, 2026 

Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits

Executive compensation planning is becoming more closely tied to broader financial risk management.

Andrew Dorado

The IRS’s ‘New’ Syndicated Conservation Easement Settlement Offer: Deja Vu All Over Again?

Income Tax June 3, 2026 

The IRS’s ‘New’ Syndicated Conservation Easement Settlement Offer: Deja Vu All Over Again?

According to the IRS, this settlement initiative is a great deal, and taxpayers should jump on it. But is it deja vu all over again?

Bill Curtis, Crystal L. Howard

San Diego Voters Reject Measure That Would Heavily Tax Second Home

Taxes June 3, 2026 

San Diego Voters Reject Measure That Would Heavily Tax Second Home

A highly divisive measure that would impose a hefty tax on the owners of second homes that lack a full-time resident failed to garner majority support from San Diego voters Tuesday night.

Trump to Drop $1.8 Billion Fund in IRS Deal, But Tax Probe Ban Stays, Blanche Says

IRS June 3, 2026 

Trump to Drop $1.8 Billion Fund in IRS Deal, But Tax Probe Ban Stays, Blanche Says

The Trump administration is moving to drop controversial plans for a $1.8 billion fund to pay victims of alleged government “weaponization,” but will still provide immunity from any probes into the president’s past tax filings under an agreed-to deal.

 North Carolina Lawmakers Want to Place a 50% Tax on Pornographic Materials

Taxes June 3, 2026 

North Carolina Lawmakers Want to Place a 50% Tax on Pornographic Materials

North Carolina lawmakers on Tuesday proposed implementing a 50% excise tax on pornography or other “prurient material” to fund efforts to stop human trafficking and domestic violence.

Florida Legislature Sends Property Tax Overhaul to Voters After Including Protections for Schools

Taxes June 2, 2026 

Florida Legislature Sends Property Tax Overhaul to Voters After Including Protections for Schools

The proposal will ask Florida voters in November to provide a $250,000 exemption on homesteaded properties, a move that would radically overhaul how local governments raise and spend money.

Illinois Lawmakers Pass $56B Budget Funded by New Business Taxes

Taxes June 2, 2026 

Illinois Lawmakers Pass $56B Budget Funded by New Business Taxes

Illinois lawmakers approved the state budget early Monday morning after slogging through the night, enacting new taxes on businesses and authorizing less spending than what Gov. JB Pritzker proposed in February.

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