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Taxes

Voting Opens for 2026 Readers’ Choice Awards!

Accounting February 28, 2026 

Voting Opens for 2026 Readers’ Choice Awards!

Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 3, 2026  

IRS Says 4 Million Children Have Been Enrolled for Trump Accounts

April 3, 2026  

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

April 2, 2026  

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

April 2, 2026  

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

April 2, 2026  

Why Are Illinois’ Tax Rates So High? What an Economist Says is ‘Skewing’ Things
Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says

Taxes January 22, 2026 

Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says

Yale University will be admitting fewer graduate students in response to the looming federal endowment tax hike that university officials warn is creating a major budget shortfall.

Mamdani Signals He’s Ready to Push Gov. Hochul on Tax Hikes as NYC Budget Shortfall Looms

Taxes January 21, 2026 

Mamdani Signals He’s Ready to Push Gov. Hochul on Tax Hikes as NYC Budget Shortfall Looms

Facing a potential $12 billion budget gap, New York City Mayor Zohran Mamdani indicated Jan. 21 he may push Gov. Kathy Hochul in budget negotiations to include tax hikes on millionaires and corporations.

irs1

Taxes January 21, 2026 

IRS Says Military Members Are Not Taxed for This ‘Qualified Military Benefit’

The payments, which were part of President Donald Trump’s “Warrior Dividend” announced before Christmas and totaled $1,776, were distributed to approximately 1.45 million active-duty service members.

IRS, Treasury Update Safe Harbor Explanations for Retirement Plan Administrators

Taxes January 21, 2026 

IRS, Treasury Update Safe Harbor Explanations for Retirement Plan Administrators

Notice 2026-13 provides two safe harbor explanations that plan administrators can use to satisfy the requirement under Section 402(f) of the tax code to provide certain information to recipients of eligible rollover distributions.

Jason Bramwell

California Crypto Startup Moves to South Dakota as Debate Over Proposed Wealth Tax Heats Up

Taxes January 21, 2026 

California Crypto Startup Moves to South Dakota as Debate Over Proposed Wealth Tax Heats Up

California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires.

Boston Mayor Michelle Wu Not Backing Down From Tax Shift Bill After Massachusetts Senate Rebuke

Taxes January 21, 2026 

Boston Mayor Michelle Wu Not Backing Down From Tax Shift Bill After Massachusetts Senate Rebuke

Boston Mayor Michelle Wu said twice this week that she intends to stick with her bill to override the state’s property tax law despite continued opposition.

Aprio Acquires SALT Team of Denver-Based TaxOps

State and Local Taxes January 21, 2026 

Aprio Acquires SALT Team of Denver-Based TaxOps

This expansion supercharges Aprio’s SALT practice, giving clients access to a larger, nationally coordinated team ready to tackle multistate tax and advisory challenges across more jurisdictions

Isaac M. O'Bannon

taxes3

Taxes January 21, 2026 

3 Tips for the 2026 Tax Season as Filing Starts Jan. 26

With the IRS anticipating more than 164 million individual tax returns will be filed by the April 15, 2026, deadline, getting an early start on preparing and filing yours is a smart strategy.

Poll Funded by Opponents of California’s Wealth Tax Finds Support for Ballot Measure Under 50%

Taxes January 21, 2026 

Poll Funded by Opponents of California’s Wealth Tax Finds Support for Ballot Measure Under 50%

According to the poll, which was paid for by wealthy residents of both Northern and Southern California, just 48% of the 800 likely voters surveyed would vote yes on the tax if the election were held now.

Upset About Online Sales Tax Lawsuit, Alabama Senator Proposes Cutting Cities’ Tax Revenue

Sales Tax January 21, 2026 

Upset About Online Sales Tax Lawsuit, Alabama Senator Proposes Cutting Cities’ Tax Revenue

Republican state Sen. Greg Albritton has filed two bills aimed at pressuring several cities to drop a lawsuit challenging the state's internet sales tax, known as the Simplified Sellers Use Tax.

Supreme Court Doesn’t Rule on Tariffs, With Next Potential Decision in February

Small Business January 21, 2026 

Supreme Court Doesn’t Rule on Tariffs, With Next Potential Decision in February

After Wednesday’s hearing on President Donald Trump’s effort to fire Federal Reserve Governor Lisa Cook, the justices don’t have another scheduled courtroom session until Feb. 20.

Kim Kardashian’s Clothing Company Settles New Jersey Sales Tax Allegations

Sales Tax January 20, 2026 

Kim Kardashian’s Clothing Company Settles New Jersey Sales Tax Allegations

SKIMS has agreed to pay a $200,000 civil penalty to New Jersey to settle allegations that it collected sales tax on tax-exempt clothing items sold to New Jersey customers.

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