Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Taxes December 9, 2025
Boston Mayor’s Tax Battle Heats Up Ahead of Vote to Set Residential Tax Hike at 13%
The Boston City Council is expected to vote Wednesday to set the residential tax rate at $12.40 per thousand dollars of assessed value and commercial tax rate at $26.96 per thousand dollars of assessed value.
Taxes December 9, 2025
Massachusetts Governor Urges Congress to Extend ACA Tax Credits Before Costs ‘Skyrocket’
Gov. Maura Healey on Tuesday called on Congress to approve an extension of Affordable Care Act tax credits, warning that health care costs for millions of Americans would skyrocket if lawmakers fail to act.
Taxes December 9, 2025
Michigan Judge Allows State’s New 24% Marijuana Tax to Stand for Now
A Michigan judge ruled against marijuana businesses in the state Dec. 8, rejecting their arguments that a new 24% wholesale tax on their products, imposed by the Legislature as part of a road-funding deal, should be immediately blocked.
Technology December 9, 2025
Ramp Introduces Automated 1099 Filing
Ramp has launched 1099 filing directly inside its Bill Pay product, giving businesses a fully integrated solution to prepare and file forms 1099-NEC and 1099-MISC in just a few clicks.
Taxes December 8, 2025
Senate Republicans Introduce Bill to Extend ACA Tax Credits with Income Cap and Minimum Premium
Republican U.S. Sens. Bernie Moreno of Ohio and Susan Collins of Maine are introducing legislation to extend the tax credits for two years while imposing new restrictions on eligibility.
Taxes December 8, 2025
How Much Should the IRS Know About Your Charitable Giving? It’s More Than You May Realize
Even if you never claim a tax deduction, the federal government may still know which charities you support.
Taxes December 8, 2025
AICPA Tells Treasury to Simplify Passthrough Entity Reporting Requirements
The suggestions include recommendations to help alleviate time compression constraints currently impacting the ability of tax practitioners to prepare complete and accurate returns for PTEs, specifically those with tiered structures.
Legislation December 8, 2025
Decoding the OBBB: Practical Insights for CPAs and Their Clients
For CPAs, accountants, and tax professionals, the OBBB delivers sweeping reforms, some long-awaited from the Tax Cuts and Jobs Act (TCJA) of 2017 and some unexpected.
Taxes December 6, 2025
Tax Court Rules No Tax-Free Pass on S Corp Income
With an S corporation, the owners are of the business essentially taxed like partners in a partnership. In contrast, C corporation owners must cope with “double taxation” where income is first taxable to the corporation and then distributions are taxed to the owners.
Taxes December 5, 2025
GAO Report: ACA Marketplace, Tax Credits at Risk for Fraud
The federal health insurance exchanges established by the Affordable Care Act allowed the enrollment of fake beneficiaries and the payout of accompanying premium subsidies, a Government Accountability Office report published Wednesday found.
Taxes January 5, 2026 Sponsored
CPE / IRS CE Webinar: Master Filing Amended and Superseded Returns on Form 1040-X
Filing corrected returns can be confusing—but it doesn’t have to be. Join Amanda Watson, EA, for a practical session designed to help you confidently navigate amended and superseded returns.
Taxes December 4, 2025
Karbon Launches Smart Tax Organizers and Binders Powered by StanfordTax to Streamline Tax Season
All client uploads, communications, and workpapers sync across Karbon’s platform for a unified experience spanning contacts, jobs, client tasks, and billing within the single client portal experience, Karbon for Clients.