Taxes July 14, 2026
AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.
Taxes April 13, 2026
Understanding the Federal R&D Tax Credit
Beginning with the 2025 tax year, the One Big Beautiful Bill Act allows U.S. businesses to fully deduct domestic R&D expenses in the year they are incurred.
Software April 13, 2026
Navigating OBBBA: How Software Companies Can Optimize Their Tax Strategy
The companies that treat OBBBA as purely a compliance exercise will survive. The ones that use it to fundamentally rethink their tax strategy will have a competitive advantage.
Taxes April 13, 2026
IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods
Taxpayers who live in or have a business in 16 counties in Washington state have until May 1 to file federal and business tax returns and make payments, the IRS said.
Taxes April 13, 2026
Nonprofits Push New York State Lawmakers to ‘Stand Strong’ on Tax Hikes for Wealthy
A bevy of New York City nonprofit groups are urging state lawmakers to keep pushing Gov. Kathy Hochul to grant Mayor Zohran Mamdani's asks for tax hikes on the city's wealthiest residents and most profitable corporations.
Taxes April 13, 2026
Massachusetts House Speaker Trashes Income Tax Ballot Question: ‘It’s Just Such Nonsense’
Speaking at the Fairmount Copley Plaza hotel, state Democratic House Speaker Ron Mariano painted an apocalyptic picture of what would happen if voters approve the income tax cut this fall.
Taxes April 13, 2026
Uber Has Launched an All-Out Pressure Campaign to Oppose Philadelphia Mayor’s $1-Per-Ride Tax
Mayor Cherelle L. Parker thinks she has public opinion on her side. A recent poll shows a majority of Democratic primary voters in Philadelphia approve of the tax.
Taxes April 13, 2026
Juno Raises $12M Seed to Scale AI Tax Preparation Platform that Automates 90% of Busy Work
Firms are drowning in repetitive data entry, yet they cannot risk the liability of automated systems that don't allow for a "human in the loop" to validate key decisions.
Taxes April 10, 2026
IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction
The Treasury Department and the IRS issued final regulations on Friday that list the occupations of tipped workers eligible for the "no tax on tips" provision introduced by last summer's One Big Beautiful Bill Act.
Taxes April 10, 2026
Connecticut Tax Prep Business Owner Indicted for Filing Fraudulent Returns, Feds Say
Jessey Guzman, 36, was indicted on federal tax fraud charges Wednesday for filing several fake returns to save her clients money, federal prosecutors said.
Taxes April 10, 2026
8 Tips to Handle W2 and 1099 Income Without Overpaying Taxes
With a little organization and proactive planning, you can turn mixed income from a tax headache into a manageable, even profitable, part of your financial picture.
Taxes April 10, 2026
These Young Workers Almost Didn’t File, But They’re Elated They Did—The IRS Owed Them Hundreds, Even Thousands, of Dollars
Tax experts say that many high school and college students who are working their first jobs can receive hefty tax refunds by filing federal and state tax returns, even though they are not required to submit those forms.
Taxes April 10, 2026
U.S. Supreme Court Turns Away Muscogee Citizen’s Tribal Income Tax Challenge
The U.S. Supreme Court on April 6 turned away a request from a Muscogee Nation tribal member to take up an Oklahoma Supreme Court decision that denied her request to be exempt from state income taxes.