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 May 22, 2026
How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?
The money is certainly life-changing, but the winner will have to fork over a significant portion of the $2 million to the government.
Taxes May 21, 2026
5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act
A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning.
Taxes May 21, 2026
Show Your Client’s Support for Education by Encouraging Them to Donate Excess Inventory
Product philanthropy is a form of in-kind giving that benefits communities as well as businesses.
Taxes May 21, 2026
Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says
Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.
Taxes May 21, 2026
Summer Camps May Qualify for Dependent Care Tax Credit
The credit isn’t limited to just day care centers and other traditional childcare services.
Taxes May 21, 2026
AICPA Urges Taxpayer Relief in Use of IPIC Method for Last-In, First-Out Inventory
The letter cites recent changes made by the Bureau of Labor and Statistics (BLS) to the PPI detailed report.
Technology May 20, 2026
Verito and NATP Partner on AI Governance and Cybersecurity Curriculum for Tax Professionals
Verito is partnering with the National Association of Tax Professionals to deliver an AI governance and cybersecurity curriculum, built specifically for tax preparers, to NATP's 23,000-plus members nationwide.
Taxes May 20, 2026
Michigan Tax Audits Skipping Over Out-of-State Big Businesses, Whistleblowers Say
Despite out-of-state taxpayers historically contributing the majority of tax revenue, out-state auditing operations for Michigan have been under "serious erosion," the state House Oversight Committee was told.
Taxes May 19, 2026
IRS Deal Reportedly Bars Agency from Auditing Trump
The agreement by the IRS is just one part of a major settlement resolving the case.
Taxes May 19, 2026
Shakira Wins in Court with Spain Ordered to Repay $70 Million After Tax Fraud Acquittal
Shakira’s long tax-fraud nightmare has ended with the government of Spain on the hook to refund nearly $70 million to the Colombian-born singer.
Taxes May 19, 2026
Form 8621 Non-Filing Risk: Why PFIC Compliance Deserves More Attention
Under the international information reporting rules, if a required Form 8621 is not filed, the IRS may be able to keep the statute of limitations open on the entire tax return indefinitely.
Taxes May 18, 2026
What’s the Tax Verdict on Deducting Legal Fees?
As evidenced by a new Tax Court decision, Rosso, TC Memo 2025-115, 11/6/25, payment of fees relating to some types of legal actions may still be deductible.