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Taxes

Voting Opens for 2026 Readers’ Choice Awards!

Accounting February 28, 2026 

Voting Opens for 2026 Readers’ Choice Awards!

Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 3, 2026  

IRS Says 4 Million Children Have Been Enrolled for Trump Accounts

April 3, 2026  

Maine Democrats Tack Millionaire Tax Onto Governor’s Final Spending Plan

April 2, 2026  

Treasury Department, IRS Extend Filing Deadline by 30 Days for DHS Workers

April 2, 2026  

A Year After ‘Liberation Day,’ What Did Trump’s Tariffs Achieve?

April 2, 2026  

Why Are Illinois’ Tax Rates So High? What an Economist Says is ‘Skewing’ Things
Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms

Taxes December 17, 2025 

Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms

Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.

New Yorkers Support Boosting Taxes on the Wealthy to Pay for Free Child Care, Poll Shows

Taxes December 17, 2025 

New Yorkers Support Boosting Taxes on the Wealthy to Pay for Free Child Care, Poll Shows

An obstacle to New York City Mayor-elect Zohran Mamdani’s plan to expand free child care is its reliance on lawmakers in Albany and tax revenue from wealthy New Yorkers, though a new survey indicated broad support for that approach.

Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax

Taxes December 17, 2025 

Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax

The Chicago City Council opposes the so-called head tax, which the city's former mayor, Rahm Emanuel, once called a “job killer.”

Trump’s Promised Big Tax Cuts Are Expected to Disappoint the Average Worker

Taxes December 15, 2025 

Trump’s Promised Big Tax Cuts Are Expected to Disappoint the Average Worker

Forecasts of a bump in the average tax refund coming in the new year mask the uneven distribution of new tax breaks in President Donald Trump’s signature legislation, said Adam Michel, director of tax policy studies at the Cato Institute.

Yonda Tax Raises $15 Million to Automate Global Tax Compliance

Technology December 15, 2025 

Yonda Tax Raises $15 Million to Automate Global Tax Compliance

Yonda Tax has grown over 100% YoY, and headcount has more than doubled over the past 12 months as it expands globally, highlighting strong market demand for accurate.

Value Insights Debuts Solution That Maximizes the Value of Clients’ Non-Cash Charitable Gifts

Technology December 13, 2025 

Value Insights Debuts Solution That Maximizes the Value of Clients’ Non-Cash Charitable Gifts

Value Insights launched a web-based, AI-backed application that identifies, substantiates, valuates, and documents clients' non-cash contributions with a simple click of a camera.

Jason Bramwell

IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B

Taxes December 12, 2025 

IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B

Of the $10.59 billion, $4.5 billion resulted from tax fraud, marking an increase of 111.8% from FY24, the agency said this week.

Las Vegas Casino Heavyweights Implore Congress to Restore Gambling Loss Tax Deduction

Taxes December 12, 2025 

Las Vegas Casino Heavyweights Implore Congress to Restore Gambling Loss Tax Deduction

The casino executives—Derek Stevens of Circa, Tom Reeg of Caesars Entertainment, and Craig Billings of Wynn Resorts—are pressing lawmakers for the restoration of the 100% deduction for gambling losses, which was reduced to 90% under the One Big Beautiful Bill Act.

Senate Blocks Plan to Extend Expiring Obamacare Tax Credits Past This Month

Taxes December 11, 2025 

Senate Blocks Plan to Extend Expiring Obamacare Tax Credits Past This Month

The Senate on Thursday rejected plans from Republicans and Democrats to ease soaring health care costs, making it more likely many people face health insurance premiums that could double shortly.

Treasury Secretary Labels 3 Democratic Governors as ‘Grinches’ Over Their State’s Taxes

Taxes December 11, 2025 

Treasury Secretary Labels 3 Democratic Governors as ‘Grinches’ Over Their State’s Taxes

Scott Bessent targeted New York Gov. Kathy Hochul, Colorado Gov. Jared Polis, and Illinois Gov. JB Pritzker over their state's taxes amid the ongoing holiday season.

IRS Issues Guidance on New HSA Tax Benefits Under OBBBA

Taxes December 11, 2025 

IRS Issues Guidance on New HSA Tax Benefits Under OBBBA

The Treasury Department and the IRS provided guidance in Notice 2026-05 on Dec. 9 on new tax benefits for health savings account participants under this summer's One Big Beautiful Bill Act.

Jason Bramwell

Moderate House Republicans Look to Force Vote on ACA Tax Credits

Taxes December 11, 2025 

Moderate House Republicans Look to Force Vote on ACA Tax Credits

Rep. Brian Fitzpatrick, R-Pa., on Wednesday filed a discharge petition to force a vote on a two-year extension of the enhanced Affordable Care Act tax credits, as House GOP leadership eyes a health care vote next week that won’t include such a measure.

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