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 9, 2026
Opponents File Lawsuit to Block Washington’s New ‘Millionaires Tax’
The lawsuit was filed on behalf of several business owners and organizations represented by former Washington Attorney General Rob McKenna and former state Supreme Court Justice Phil Talmadge.
Taxes April 9, 2026
IRS Provides States with Guidance for Nominating Census Tracts as Opportunity Zones
The Treasury Department and the IRS issued guidance on April 6 that provides states, the District of Columbia, and territories with procedures to nominate population census tracts to be designated as qualified opportunity zones under the One Big Beautiful Bill Act.
Taxes April 9, 2026
Billions in Unpaid Taxes Could Help States Fill Budget Holes, Report Says
Though states are missing out on billions in unpaid tax dollars, few have any mechanism to measure how much is being lost, according to a new Pew report.
Taxes April 9, 2026
GOP Congressman Blames Senate Democrats for 2028 Senior Tax Relief Sunset
U.S. Rep. Derrick Van Orden (R-WI) says Social Security tax reductions for seniors in President Donald Trump’s One Big Beautiful Bill Act would have extended long beyond 2028 were it not for Senate Democrats.
Taxes April 9, 2026
New Jersey Tax Preparer Sentenced in Largest COVID-19 Tax Relief Fraud Case in the Country, Feds Say
Leon Haynes, 52, of Teaneck, NJ, convicted in what prosecutors called the nation’s largest COVID‑19 tax relief fraud case, was sentenced Wednesday to 12 years in prison.
Taxes April 8, 2026
Ex-Accounting Executive Ordered to Pay Nearly $3M in Restitution After Defrauding IRS, Victims
Stephen Hochberg, 78, of Marlborough, MA, was ordered to pay nearly $3 million in restitution after he defrauded the IRS and avoided paying restitution to victims of his previous fraud schemes.
Taxes April 7, 2026
25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk
Before you file another return this week, pull one off the stack and run it through this checklist- you will likely find thousands in savings your software missed.
Income Tax April 7, 2026
#TaxMaxxing: How Millennial and Gen Z Entrepreneurs Are Maximizing 2025 Tax Savings
These young business leaders are leveraging tax planning as a strategic tool to boost financial efficiency and secure their earnings.
Taxes April 7, 2026
Renowned Travel Writer Rick Steves Weighs in on Washington ‘Millionaires Tax’
In a post on Facebook, Steves, who’s built a travel empire that includes a PBS series and guidebooks on European travel, said the high-earners income tax would make way for “shared prosperity.”
Taxes April 7, 2026
Tax Season Brings Surprises for Some Who Receive ACA Subsidies
All enrollees who received subsidies for Affordable Care Act coverage in 2025 need to include a special form, the 8962, with their tax filings.
Taxes April 7, 2026
Gail Perry Discusses Key Takeaways from ‘Meet the IRS’ Day
Gail met with Erin Collins, the National Taxpayer Advocate, as well as former commissioners, and several other IRS senior staffers.
Taxes April 6, 2026
Average 2026 Tax Refund Up $350 Year Over Year, IRS Data Shows, as Tax Deadline Approaches
For the week ending March 27, 2026, the average refund is worth $3,521, an 11.1% increase compared to 2025’s $3,170.