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Taxes

IRS Increases Health Savings Account Limits for 2027

IRS May 29, 2026 

IRS Increases Health Savings Account Limits for 2027

The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.

Jason Bramwell

Featured Articles

May 29, 2026  

Judge Temporarily Halts DOJ ‘Anti-Weaponization Fund’

May 29, 2026  

Tax the Rich, DeSantis Suggests to Florida Counties Worried About His Property Tax Plan

May 29, 2026  

Don’t Forget About Tax on Social Security Benefits

May 29, 2026  

Property Tax Appeal Offers: Help Clients Look Beyond Gross Savings

May 29, 2026  

AICPA Asks Treasury and IRS for Further Guidance on Proposed Trump Account Regulations
Tax Returns, Refunds for Thousands of New Yorkers Impacted by Typo

Taxes April 6, 2026 

Tax Returns, Refunds for Thousands of New Yorkers Impacted by Typo

A typo by the New York State Department of Taxation and Finance resulted in more than 50,000 tax filers paying more in taxes or receiving smaller refunds.

A Year After ‘Liberation Day,’ What Did Trump’s Tariffs Achieve?

Taxes April 6, 2026 

A Year After ‘Liberation Day,’ What Did Trump’s Tariffs Achieve?

The president promised short-term pain would make way for a U.S. economy that would soon take off. But experts say they are still waiting for receipts—and question whether they will ever come.

Wisconsin Governor Vetoes No Tax on Tips and Overtime Bills

Taxes April 6, 2026 

Wisconsin Governor Vetoes No Tax on Tips and Overtime Bills

Gov. Tony Evers on Friday vetoed legislation that would have eliminated all state taxes on tips, saying it did not include more sweeping tax relief targeted at middle-class earners.

IRS Says 4 Million Children Have Been Enrolled for Trump Accounts

IRS April 3, 2026 

IRS Says 4 Million Children Have Been Enrolled for Trump Accounts

More than 4 million children have signed up for the savings plans known as “Trump Accounts,” with a quarter of them eligible for seed money from the federal government, the IRS said this week.

Maine Democrats Tack Millionaire Tax Onto Governor’s Final Spending Plan

Taxes April 3, 2026 

Maine Democrats Tack Millionaire Tax Onto Governor’s Final Spending Plan

Democrats on the Maine Legislature's budget panel moved late Tuesday to add a millionaire tax to Gov. Janet Mills' spending plan over Republican opposition.

Treasury Department, IRS Extend Filing Deadline by 30 Days for DHS Workers

Taxes April 2, 2026 

Treasury Department, IRS Extend Filing Deadline by 30 Days for DHS Workers

Employees of the Department of Homeland Security will have until May 15 to file their federal income taxes with the IRS due to the ongoing DHS shutdown, the Treasury Department announced on April 1.

Jason Bramwell

Why Are Illinois’ Tax Rates So High? What an Economist Says is ‘Skewing’ Things

Taxes April 2, 2026 

Why Are Illinois’ Tax Rates So High? What an Economist Says is ‘Skewing’ Things

Illinois frequently lands among the top states for tax rates in various analyses, but does the Land of Lincoln really have higher taxes than most other states?

Opinion: IRS Instability Could Complicate Tax Season for Businesses

IRS April 2, 2026 

Opinion: IRS Instability Could Complicate Tax Season for Businesses

Recent warnings from the Treasury Inspector General for Tax Administration raise an important operational question: What happens when the capacity of the tax administrator becomes uncertain during a period of rising complexity?

Wendy Walker

The Stablecoin Tax Shift: Why Businesses Need a Compliance Roadmap Before 2027

Taxes April 2, 2026 

The Stablecoin Tax Shift: Why Businesses Need a Compliance Roadmap Before 2027

The rapid adoption of stablecoins and the coming compliance shift is shaping up to be a significant, and widely misunderstood, tax issue for businesses.

Kelley A. Chartier

Tax Refund Delays Now Impacting 1.4 Million Filers as IRS Phases Out Paper Checks

Taxes April 2, 2026 

Tax Refund Delays Now Impacting 1.4 Million Filers as IRS Phases Out Paper Checks

A change from paper checks to electronic deposits could result in delayed refunds for hundreds of thousands of taxpayers.

Maryland Comptroller Flags 5,000 ‘Suspicious’ Tax Returns, $15 Million in Tax Fraud

Taxes April 1, 2026 

Maryland Comptroller Flags 5,000 ‘Suspicious’ Tax Returns, $15 Million in Tax Fraud

Maryland Comptroller Brooke Lierman said Wednesday her office has flagged more than 5,000 suspicious tax returns and blocked over $15 million in fraud ahead of the April 15 filing deadline.

South Carolina Governor Signs Income Tax Reform Bill

Taxes April 1, 2026 

South Carolina Governor Signs Income Tax Reform Bill

Gov. Henry McMaster signed legislation that sets a course to eliminate the state income tax over the course of an unspecified number of years.

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