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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
Ex-Theranos President Balwani Gets 13-Year Prison Term in Fraud Case

Accounting December 8, 2022 

Ex-Theranos President Balwani Gets 13-Year Prison Term in Fraud Case

Ramesh “Sunny” Balwani’s sentence is longer than the one given to former CEO Elizabeth Holmes last month.

Kanye West’s Yeezy Clothing Brand Owes California $600,000 in Unpaid Taxes

Taxes December 8, 2022 

Kanye West’s Yeezy Clothing Brand Owes California $600,000 in Unpaid Taxes

Notice letters were sent to the disgraced rapper’s company in July 2021 and February and September 2022.

Tax Refunds May Be Smaller in 2023, IRS Warns

Taxes December 7, 2022 

Tax Refunds May Be Smaller in 2023, IRS Warns

The lack of stimulus payments in 2022 will play a key role, according to the IRS.

Comic Books in the Attic? Old Collections Could Be a Treasure, But Prepare for the Taxes

Taxes December 7, 2022 

Comic Books in the Attic? Old Collections Could Be a Treasure, But Prepare for the Taxes

Many old comic book titles in good condition can sell for tens if not hundreds of thousands of dollars. But Uncle Sam will want a share.

AICPA News – Dec. 2022

Accounting December 7, 2022 

AICPA News – Dec. 2022

AICPA News is a round-up of recent announcements from the AICPA.

Mary Girsch-Bock

Making a Big Impact in Short Order with Tax Services

Taxes December 7, 2022 

Making a Big Impact in Short Order with Tax Services

Research from Cerulli Associates found advisor practices that put a premium on creating client-centric experiences have median client sizes that are 93% larger ...

How to Keep DEI at the Forefront of Your Tax Firm

Firm Management December 7, 2022 

How to Keep DEI at the Forefront of Your Tax Firm

There is intrinsic value when you ensure that you have a diverse workforce and clientele. You gain unique perspectives, opportunities, and insights that you otherwise would never have access to. 

Judge-gavel1

Taxes December 7, 2022 

Psychiatrist Gets 18 Month Prison Sentence for Tax Evasion

The professional failed to pay taxes and filed and caused to be filed with the Internal Revenue Service false and fraudulent tax returns that included false statements ...

irs1

Taxes December 6, 2022 

Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements

Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”

Jason Bramwell

Jury Finds Trump Organization Guilty of Tax Fraud

Taxes December 6, 2022 

Jury Finds Trump Organization Guilty of Tax Fraud

The consequence of the guilty verdict against both the Trump Corp. and the Trump Payroll Corp. is a $1.76 million fine.

forecast_crystal_ball_prediction_1_.54751b596e141

Accounting December 6, 2022 

Predictions for the Accounting Profession: 2023 and Beyond

The end of the year means it’s time to get ready for another busy season and to tune up your strategic plans for the years ahead. 

Roman Kepczyk

Avenatti Gets 14 Years in Prison for Tax Fraud, Stealing Millions From Clients

Taxes December 5, 2022 

Avenatti Gets 14 Years in Prison for Tax Fraud, Stealing Millions From Clients

The celebrity lawyer is already serving five years in prison for his extortion and fraud convictions in New York.

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