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 September 1, 2026
Trump Calls for Federal Tax Incentives to Revive U.S. Film Industry
President Donald Trump on Monday urged Congress to approve federal tax incentives aimed at reviving American film and television productions.
Taxes September 1, 2026
Pelosi Avoids Billionaire Tax Vote as Wealth Tax Turns Toxic in San Francisco
California's billionaire tax proposal is splintering the state's Democratic Party, with party leaders opposing the wealth tax even as voters, and especially young voters, appear eager to increase taxes on the rich.
Taxes September 1, 2026
Attorney Points to 6,700 Wrongfully Notified in NYC Pied-à-Terre Tax Rollout
The city initially sent notices to 17,000 homeowners indicating they might owe the second-home property tax surcharge.
Taxes September 1, 2026
Illinois Tax Preparer Sentenced, Ordered to Pay $700K for Filing False Returns
A federal judge sentenced Dormeshia A. Haire of Belleville, IL, to three years in prison and ordered her to pay more than $700,000 in restitution after she admitted to filing false tax returns for years.
Payroll September 1, 2026
American Airlines Says It Will Match $1,000 for Trump Accounts
In addition to matching the initial one-time $1,000 federal investment employees who have children with the accounts, American Airlines will allow employees to annually contribute $2,500 pre-tax.
IRS August 31, 2026
Ohio Couple’s Five-Month Refund Wait Puts a Face on Nationwide IRS Staffing Cuts
Monnie and Bob Johnston of Brunswick, OH, who are both CPAs, haven't been able to get straight answers from the IRS about the status of their tax refund, five months after they filed their return.
IRS August 31, 2026
DOJ Balks at Demands for Details on Trump’s Deal in IRS Case
The U.S. Justice Department is pushing back on requests for information about how it resolved President Donald Trump's $10 billion lawsuit against the Internal Revenue Service.
Taxes August 31, 2026
How North Carolina’s Income Tax Rate Compares to Its Neighbor States, as Voters Consider Cap
North Carolina voters will get to decide in November whether to cap their personal income tax rate at 3.5%. So how does North Carolina’s personal income tax rate compare to its neighbors?
Legislation August 31, 2026
New York, Vermont Senate Democrats Plan to Introduce Bill to Repeal Tariffs
U.S. Sens. Kirsten Gillibrand, D-N.Y., and Peter Welch, D-Vt., announced the Banning Antiquated Duties and Delivering Equitable American Levies Act to repeal existing tariffs, including tariffs on Canadian imports.
Taxes August 31, 2026
Los Angeles Rapper Arrested in $8.1 Million Stolen Tax Refund Check Scheme
Ada William Obayuwana of Quartz Hill, CA, who goes by "ColdheartedAC" and "AC," was arrested on Wednesday and charged in connection with a multimillion-dollar check-cashing scheme, according to the U.S. Department of Justice.
Taxes August 31, 2026
Nebraska Residents Impacted by March Fires Receive IRS Tax Filing Extension
As a result of the fires and storms, affected individuals and businesses now have until Feb. 1, 2027, to file returns and pay any taxes that were originally due during that time.
Taxes August 30, 2026
IRS Agent Fired for Shirking Professional and Tax Responsibilities
The IRS holds its staff to a higher expectation of tax compliance since they are responsible for enforcing tax law, especially those in a supervisory role.