IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
Income Tax March 19, 2026
Study: Massachusetts Income Tax Cut Would Slash State Revenues, Give Big Breaks to Top Earners
A potential ballot question this fall to shave Massachusetts' state income tax from 5% to 4% would put a $5.1 billion dent in the state budget, if passed, according to Tufts University.
Sales Tax March 19, 2026
Republican Push to Increase Sales Taxes Would Fall Hardest on Lower-Income Residents
Several states this year, including South Dakota, are pushing higher sales taxes as a way to pay for other tax cuts.
Taxes March 18, 2026
Average Tax Refund in 2026 Now at $3,676 as Filing Deadline Nears
The average tax refund is up by more than $350 year-over-year according to data released by the IRS for the week ending Feb. 28, 2026.
Taxes March 18, 2026
IRS: Over 830,000 Tax Refunds Delayed After Filers Miss Key Step
IRS CP53E notices are going to taxpayers whose returns lacked valid direct deposit information, and the delays could stretch beyond 10 weeks for some filers.
Taxes March 18, 2026
$1,020 Payments for Americans, Extra $125 Per Child Proposed by House Democrat After Tariff Ruling
A bill introduced by Rep. Henry Cuellar (D-Texas) proposes returning tariff revenue to Americans through direct payments distributed using tax-return data already on file with the IRS.
Payroll March 18, 2026
IRS Flags Phishing, Impersonation in 2026 Dirty Dozen; Experts Explain Why Payroll Is a Prime Target
Experts say the IRS’s continued focus on phishing reflects how digital payroll systems have become central to modern tax fraud—and why payroll teams remain on the front lines of defense.
Taxes March 18, 2026
AICPA Requests Guidance on the Paid Family and Medical Leave Credit
Currently, there is no guidance on the changes to the credit made by the One Big Beautiful Bill Act (OBBBA).
Taxes March 17, 2026
Is Your Clients’ Data Safe This Tax Season? Here’s What CPAs Need to Know
Tax season is demanding enough without a security incident disrupting filings or eroding client trust.
Taxes March 16, 2026
Americans to Spend 11.6 Billion Hours Completing Federal Compliance Forms
The Office of Management and Budget (OMB) currently lists more than 10,000 forms and documents that individuals and organizations must complete.
Taxes March 14, 2026
Customer Sues Costco, Accuses Wholesaler of Passing Along Tariff Costs to Shoppers
The lawsuit, which was filed by Illinois resident Matthew Stockov and involves more than 100 class members, accuses Costco of increasing prices on items due to the tariffs that have since been deemed illegal by the U.S. Supreme Court.
Taxes March 13, 2026
Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players
The tax could come into play on any free agent contract the Seahawks sign since the NFL minimum salary in 2026 for any player who has played one season is set at $1.005 million.
Taxes March 13, 2026
Opinion: Tax Breaks for Football Players? That’s Just the Beginning in the SEC
Ole Miss and Mississippi State could soon have a recruiting advantage over its SEC rivals across the border thanks to a new bill that would eliminate income tax for college athletes.