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Taxes

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 27, 2026  

California Billionaire Tax Backers Say They Have Enough Signatures—Times Two—to Qualify for Ballot

April 27, 2026  

Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

April 24, 2026  

IRS Provides New Guidance on Educational Assistance Plans

April 24, 2026  

‘Millionaire Tax’ Won’t Be on November Ballot as Illinois Democrats Can’t Come to Agreement

April 23, 2026  

Michigan Supreme Court Orders Review of State’s 24% Cannabis Tax
data_breach_costs_1_.54130a09b33b6

September 2, 2022 

IRS Exposed Confidential Data on 120,000 Taxpayers on Open Website

The Internal Revenue Service mistakenly published confidential data for 120,000 taxpayers on its website before realizing the error and taking down the data, the Treasury Department said.

Isaac M. O'Bannon

Student Loan Debt Forgiveness Will Not Be Taxed in Kentucky as Income

Taxes September 2, 2022 

Student Loan Debt Forgiveness Will Not Be Taxed in Kentucky as Income

Loan forgiveness plan will absolve hundreds of thousands of Kentuckians of their student debt.

AICPA News – Sept 1, 2022

Accounting September 2, 2022 

AICPA News – Sept 1, 2022

AICPA News is a round-up of recent announcements from the American Institute of CPAs and the Association of International CPAs.

Mary Girsch-Bock

Irish Pub Chain’s Ex-CFO Falsified Documents to Avoid Paying $1M in Sales Tax in Eight States

Taxes September 1, 2022 

Irish Pub Chain’s Ex-CFO Falsified Documents to Avoid Paying $1M in Sales Tax in Eight States

Former Claddagh Irish Pubs finance chief Ciaran Dillon was charged with two counts of wire fraud.

North Carolina Will Tax Student Loan Forgiveness

Taxes September 1, 2022 

North Carolina Will Tax Student Loan Forgiveness

Under North Carolina tax law, the canceled loans are considered taxable income at the state level.

Unlike Mississippi, Maine Will Not Tax Forgiven Student Loans

Taxes September 1, 2022 

Unlike Mississippi, Maine Will Not Tax Forgiven Student Loans

Maine added forgiven loan debt to federal tax code changes it adopted in recent round of tax conformity.

Forgiven Student Loans Won’t be Taxed as Income by Pennsylvania, Governor Says

Taxes September 1, 2022 

Forgiven Student Loans Won’t be Taxed as Income by Pennsylvania, Governor Says

Bloomberg reported earlier this week that Pennsylvania was among 13 states that treat forgiven debts as income.

Inflation Nation: U.S. Business Executives Project Zero Profit Growth for Coming Year

Accounting September 1, 2022 

Inflation Nation: U.S. Business Executives Project Zero Profit Growth for Coming Year

Revenue projections also fell, quarter over quarter, from an expected 3.4% growth rate over the next 12 months to 2.6%.

The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Funds

Accounting August 31, 2022 

The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Funds

The suit claims the accounting firm misrepresented its expertise about the federal COVID-related relief program.

Mississippi Will Tax Forgiven Student Debt in a Departure From Other States

Taxes August 31, 2022 

Mississippi Will Tax Forgiven Student Debt in a Departure From Other States

The canceled debt will be subject to income taxes, the state’s Department of Revenue confirmed.

Women’s Pay is Growing Faster, But Still Lags Men by 25%

August 31, 2022 

Women’s Pay is Growing Faster, But Still Lags Men by 25%

Overall, wage growth has flattened in recent months after a sharp acceleration in the previous year.

Bloomberg Tax Adds Research on the Inflation Reduction Act of 2022

August 31, 2022 

Bloomberg Tax Adds Research on the Inflation Reduction Act of 2022

The new Inflation Reduction Act of 2022 Watch Page covers key tax provisions, including extension of the expanded Affordable Care Act health plan premium assistance

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