Taxes July 14, 2026
AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.
Taxes May 4, 2026
Is That IRS Tax Refund Notice Asking for Your Bank Account Real or Fake?
In his 22 years of doing taxes, Miami-area accountant Marcell Hetenyi said he never saw a letter like the one sent to some of his clients by snail mail.
Taxes May 4, 2026
Ohio Doctor Famous for Saying COVID-19 Vaccine Caused People to Become Magnetized Owes $698,000 in Back Taxes
Sherri Tenpenny must pay back taxes for 2001, 2012 and 2013, along with penalties and interest, U.S. District Judge J. Philip Calabrese ruled last month.
Taxes May 4, 2026
Trump Touts ‘Golden Age’ for Seniors During Florida Rally
President Donald Trump came to the friendly territory of Florida’s retirement haven Friday for his first public event since an alleged assassination attempt against him, touting tax cuts for seniors and parading Dr. Phil on stage.
IRS May 4, 2026
Feds Say Ex-IRS Agent Embezzled Over $12 Million
Robert M. McCloughy, 43, of Carlstadt, NJ, was charged with wire fraud and two counts of engaging in monetary transactions involving criminally derived property, the U.S. Attorney's Office District of New Jersey announced on May 1.
Taxes May 4, 2026
Senate Democrat Targets Tax-Dodging Trusts Worth Over $50 Million with New Bill
New legislation from Sen. Patty Murray (D-WA) targets a legal loophole that lets the wealthiest Americans avoid paying taxes on money they pass down to their heirs.
Taxes May 1, 2026
Tax Season Survival Index Measures the Human Cost of Tax Season on Professionals
The TSSI measures the cost to sleep, to health, to relationships, and to the professionals who run the engine of public accounting.
Taxes May 1, 2026
Millionaire Taxes Gain Steam as States Face Budget Crunches
Lawmakers in at least a dozen states have proposed hiking taxes on the wealthy.
Benefits May 1, 2026
Taxes on Social Security Benefits Vary Depending on Many Factors
Tahlequah, OH-based CPA Anthony Hughes said many taxpayers do not understand how taxes and Social Security benefits work, and it keeps coming up when they file their returns.
Taxes April 30, 2026
Customers Are Taking Ikea to Federal Court to Demand Refunds for Tariff Price Hikes
Two customers filed a proposed class-action lawsuit in Philadelphia against Ikea, asking a judge to order the Swedish company to refund customers for price increases that were in response to tariffs.
Taxes April 30, 2026
NYC Comptroller: Pied-à-Terre Tax Could Fall Far Short of $500 Million Goal
Comptroller Mark Levine says the tax, which would place a surcharge on second homes valued at $5 million or more, could yield between $340 million and $380 million, much lower than the $500 million goal set by New York Gov. Kathy Hochul.
Taxes April 30, 2026
Illinois Tax Preparer Pleads Guilty to Wire Fraud, Filing False Returns
Dormeshia A. Haire, 38, pleaded guilty to one count of making false statements on a tax return, one count of wire fraud and three counts of aiding and abetting the filing of false and fraudulent returns.
Taxes April 30, 2026
Federal Disaster Tax Relief Certainty Act Passes House
The bipartisan bill, introduced by U.S. Reps. Mike Thompson (D-CA) and Greg Steube (R-FL), would permit victims to claim disaster-related personal casualty losses without having to itemize deductions through Jan. 1.