Taxes September 11, 2026
Bloomberg Tax & Accounting Projects 2027 Tax Rates
The annual Projected U.S. Tax Rates Report enables tax professionals and taxpayers to begin planning for the upcoming year ahead of the official IRS announcement this fall.
Taxes June 3, 2026
North Carolina Lawmakers Want to Place a 50% Tax on Pornographic Materials
North Carolina lawmakers on Tuesday proposed implementing a 50% excise tax on pornography or other “prurient material” to fund efforts to stop human trafficking and domestic violence.
Taxes June 2, 2026
Florida Legislature Sends Property Tax Overhaul to Voters After Including Protections for Schools
The proposal will ask Florida voters in November to provide a $250,000 exemption on homesteaded properties, a move that would radically overhaul how local governments raise and spend money.
Taxes June 2, 2026
Illinois Lawmakers Pass $56B Budget Funded by New Business Taxes
Illinois lawmakers approved the state budget early Monday morning after slogging through the night, enacting new taxes on businesses and authorizing less spending than what Gov. JB Pritzker proposed in February.
Taxes June 2, 2026
Missouri Ballot Issue to End Income Tax is Lawful, Judge Says, in Win for GOP
A Missouri judge on Monday upheld the ballot language of a Republican plan to replace the state’s income tax with expanded sales taxes in a key win for Republican lawmakers.
Taxes June 2, 2026
Florida Lawmakers Protect Schools From DeSantis’ Property Tax Plan
State lawmakers also gutted a proposal to spend $5.5 million alerting property owners about the ballot amendment.
IRS June 1, 2026
Trump to Scrap $1.8B ‘Anti-Weaponization Fund’ Amid Broad Opposition
President Trump Monday was reportedly planning to scrap his $1.8 billion “anti-weaponization” fund, which was portrayed as a settlement to a $10 billion lawsuit he filed against the IRS.
IRS June 1, 2026
IRS Introduces Look-Back Interest Calculator for Long-Term Contracts
The IRS has unveiled a new Excel-based calculator to help businesses working on large, multi-year construction or manufacturing projects calculate the interest related to those contracts.
IRS June 1, 2026
Trump Ordered to Address ‘Grievous’ Fraud Claims in IRS Case
A federal judge ordered President Donald Trump to respond to “grievous allegations” that his deal with the government to create a $1.8 billion fund to resolve his lawsuit against the IRS was the result of a “fraud” on the court.
Small Business June 1, 2026
U.S. to Appeal Judge’s Order for Broad Refund of Trump Tariffs
The Trump administration said it will appeal a judge’s authority to order across-the-board refunds of all tariffs ruled illegal by the U.S. Supreme Court.
Taxes June 1, 2026
Florida Cities Brace for Property Tax Blow
Orange County cities and towns like Belle Isle, Winter Garden, Oakland and Ocoee would stand to lose between 25% and 33% of their total property tax collections if Gov. Ron DeSantis' property tax plan is realized.
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.
IRS May 29, 2026
Judge Temporarily Halts DOJ ‘Anti-Weaponization Fund’
The Justice Department announced the creation of the fund as part of settling a $10 billion lawsuit President Donald Trump brought against his own government, alleging violations of federal law for releases of his tax return information in his first term.