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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
AICPA Encourages MTC to Make Model Provisions More Workable and Clearer

Taxes May 27, 2026 

AICPA Encourages MTC to Make Model Provisions More Workable and Clearer

The Multistate Tax Commission's model provisions are likely to be adopted by many states, affecting a large number of taxpayers.

Fallout From Fatal Wreck Looms Over Tax Evasion Sentencing of Former Pro Wrestler

Taxes May 27, 2026 

Fallout From Fatal Wreck Looms Over Tax Evasion Sentencing of Former Pro Wrestler

Federal records show how a crash that killed three Macomb, MI, teens echoed inside a courtroom more than a decade later in retired wrestler's tax case.

DeSantis Unveils His Proposal to Cut Floridians’ Property Taxes

Taxes May 27, 2026 

DeSantis Unveils His Proposal to Cut Floridians’ Property Taxes

Gov. Ron DeSantis said he was calling the Legislature back to Tallahassee on Monday to add an amendment to the ballot that would eventually raise the homestead exemption to $500,000, eliminating property taxes for 92% of those Floridians.

Massachusetts Reels in $3.1 Billion From Millionaires’ Tax

Taxes May 27, 2026 

Massachusetts Reels in $3.1 Billion From Millionaires’ Tax

Beacon Hill budget writers say revenue from the millionaires’ tax continues to surpass projections, which proponents claim is another sign wealthy households aren’t fleeing for other states to avoid the levy.

78% of Tax Pros Say Tax Season Negatively Impacts Personal and Professional Life

Taxes May 26, 2026 

78% of Tax Pros Say Tax Season Negatively Impacts Personal and Professional Life

Most finished busy season with real, measurable damage to sleep, health, relationships, and decision quality.

Hitendra R. Patil

Missourians Will Vote on Plan to Phase Out State Income Tax in August

Taxes May 26, 2026 

Missourians Will Vote on Plan to Phase Out State Income Tax in August

Gov. Mike Kehoe announced Friday that the measure would appear on the statewide ballot in the Aug. 4 election after promoting the proposal since January.

National Taxpayer Advocate Erin Collins to Join Tax Retreat 2026 in San Antonio

Taxes May 25, 2026 

National Taxpayer Advocate Erin Collins to Join Tax Retreat 2026 in San Antonio

Fourth annual Tax Retreat event reveals full agenda featuring Erin Collins, Heather Satterley, Kelly Phillips Erb, Terry Lemons, and more.

Regulatory Complexity is Top Tax Risk Heading Into the Next 12 Months, BDO USA Survey Finds

Taxes May 22, 2026 

Regulatory Complexity is Top Tax Risk Heading Into the Next 12 Months, BDO USA Survey Finds

Senior corporate tax leaders recently surveyed by the top 10 accounting firm identify the inability to keep up with changing regulatory requirements as the greatest source of tax risk in the next 12 months, cited by 30% of respondents.

Jason Bramwell

Taxes and Marriage: Innocent Spouse Relief Isn’t Guaranteed Forever

Taxes May 22, 2026 

Taxes and Marriage: Innocent Spouse Relief Isn’t Guaranteed Forever

Although an “innocent spouse” may be absolved of their tax responsibilities, a Tax Court case shows that this special tax protection may be forfeited if the spouse later becomes aware of improprieties.

Ken Berry, JD

 How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?

Taxes May 22, 2026 

How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?

The money is certainly life-changing, but the winner will have to fork over a significant portion of the $2 million to the government.

5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act

Taxes May 21, 2026 

5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act

A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning.

tax-charitable-donation1

Taxes May 21, 2026 

Show Your Client’s Support for Education by Encouraging Them to Donate Excess Inventory

Product philanthropy is a form of in-kind giving that benefits communities as well as businesses.

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