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Taxes

Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program

Taxes January 28, 2026 

Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program

Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.

Featured Articles

January 28, 2026  

Los Angeles City Council Puts Off Yet Another Attempt to Rewrite the City’s ‘Mansion Tax’

January 27, 2026  

IRS Issues FAQs About Trump Executive Order on Electronic Payments

January 27, 2026  

IRS Posts FAQs About New OBBBA Deduction for Overtime Pay

January 27, 2026  

Avoiding ‘Too Little, Too Late’: How to Give Core Teams at CPA Firms Ample Support This Tax Season

January 27, 2026  

Longtime Ways and Means Member Rep. Vern Buchanan to Retire After 10 Terms in Congress
What’s Next for the IRS?

Taxes December 15, 2022 

What’s Next for the IRS?

Tax experts sound off on the funding the IRS will get from Congress and what it could mean for the 2023 tax season.

Jason Bramwell

Are the Rich in L.A. Trying to Avoid New ‘Mansion Tax’?

Taxes December 15, 2022 

Are the Rich in L.A. Trying to Avoid New ‘Mansion Tax’?

It’s set to take effect on April 1, 2023, and it’s already causing shock waves in the Los Angeles housing market.

Majority of Small Business Owners Don’t Have the Resources to Handle Tax Credits

Small Business December 15, 2022 

Majority of Small Business Owners Don’t Have the Resources to Handle Tax Credits

A recent survey revealed that 63% of decision-makers do not know if they are eligible to claim the ERC.

Flexible Spending Account Deadline is Approaching: If You Don’t Use It, You Lose It

Payroll December 14, 2022 

Flexible Spending Account Deadline is Approaching: If You Don’t Use It, You Lose It

Money that’s put into FSAs must be used by Dec. 31; however, some firms allow you to roll over a portion of unused money.

Great SPAC Crash of 2022 Deepens as Investors Cash Out in Droves

Accounting December 14, 2022 

Great SPAC Crash of 2022 Deepens as Investors Cash Out in Droves

Some SPACs face investor meetings that will give clients a chance to exit ahead of a new tax that could hurt their returns.

Billionaire Ken Griffin Sues IRS Over Leaked Tax Records

Taxes December 14, 2022 

Billionaire Ken Griffin Sues IRS Over Leaked Tax Records

His income and taxes were reported by ProPublica along with similar information for hundreds of wealthy Americans.

Trump Organization Found in Criminal Contempt in Tax Fraud Case

Taxes December 14, 2022 

Trump Organization Found in Criminal Contempt in Tax Fraud Case

A New York judge said the company “willfully disobeyed” his orders to comply with grand jury subpoenas.

FTX Founder Sam Bankman-Fried Charged with ‘One of the Biggest Financial Frauds in American History’: Feds

Digital Currency December 14, 2022 

FTX Founder Sam Bankman-Fried Charged with ‘One of the Biggest Financial Frauds in American History’: Feds

He is accused in parallel criminal and civil complaints of orchestrating a yearslong fraud causing billions in losses.

Intuit Accountants Releases 2022 Taxpayer Insights & Intelligence Brief

Taxes December 13, 2022 

Intuit Accountants Releases 2022 Taxpayer Insights & Intelligence Brief

The study provided a holistic view of a taxpayer’s experience when working with a tax professional to gain insights into their expectations and service needs.

Isaac M. O'Bannon

Why Donald Trump Wasn’t Charged in New York Criminal Tax Probe

Taxes December 12, 2022 

Why Donald Trump Wasn’t Charged in New York Criminal Tax Probe

While Trump himself wasn’t charged, prosecutors argued at trial that he “explicitly sanctioned tax fraud.”

Ensuring Success is This Week! Free Online CPE Conference Offers 14 Sessions Dec. 14-15, 2022

Accounting December 12, 2022 

Ensuring Success is This Week! Free Online CPE Conference Offers 14 Sessions Dec. 14-15, 2022

The conference is totally free for CPAs, tax professionals, and other professionals, and offers 14 sessions, each worth 1 hour of CPE credit. Several sessions also qualify for IRS CE credit.

Isaac M. O'Bannon

IRS Lays Out New Rules for Makers, Sellers of Clean Vehicles

Taxes December 12, 2022 

IRS Lays Out New Rules for Makers, Sellers of Clean Vehicles

The processes in the new guidance are required for vehicles to be eligible for one or more clean vehicle tax credits.

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